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To reinforce your understanding of this week's topic, complete the following question. Post each of the following transactions to Thailands Balance of Payments as a
To reinforce your understanding of this week's topic, complete the following question.
Post each of the following transactions to Thailands Balance of Payments as a debit or a credit and identify whether each BOP transaction is a component of the Current Account, Capital Account, Financial Account, or Official Reserve Account.
Account: Merchandise/Service/Net Investment Income/Unilateral Transfer/Capital Financial/Official Reserves Transactions Debit/Credit Spending by Japanese tourists at Dream World Investments in plant expansion in Bangkok by a Chinese firm Sales of rice to Canada Purchase of oil from Saudi Arabia Hotel bills of Thai tourists in Paris Remittances by Cambodians working in Thailand to relatives in Cambodia Social Security payments to Thais living in Italy Purchase by French of Thai stocks Interest earnings on loans to Argentina Increase in Thai bank loans to Mexico Increase in holding of Japanese yen by the Bank of Thailand Increase in Arab bank deposits in Bangkok Economic aid to Pakistan New investment in a German chemical plant by Thai Chemical Corporation Deposits in Swiss banks by ThaisStep by Step Solution
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