Suppose the following transactions take place in the U S in a given year For each transaction, state which BOP accounts record a credit and debit transaction and include a brief explanation why it is a credit or debit record a Boeing, a U S aerospace company, sells $ 3 billion of its 7 4 7 airplanes to China, which pays with proceeds from a loan from a consortium of U S banks b Mitsubishi UFJ Financial Group purchases $ 7 0 million of 3 0 year U S Treasury bonds for one of its Japanese clients Mitsubishi draws down its dollar account with Bank of America to pay for the bonds

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Suppose the following transactions take place in the U   S   in a given year  For each transaction, state which BOP accounts record a credit and debit transaction and include a brief explanation why it is a credit or debit record  a   Boeing, a U   S   aerospace company, sells $ 3 billion of its 7 4 7 airplanes to China, which pays with proceeds from a loan from a consortium of U   S   banks  b   Mitsubishi UFJ Financial Group purchases $ 7 0 million of 3 0   year U   S   Treasury bonds for one of its Japanese clients  Mitsubishi draws down its dollar account with Bank of America to pay for the bonds

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Suppose the following transactions take place in the U . S . in a given year. For each transaction, state which BOP accounts record a

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