Which of the following has contributed most to the Suppose a U.S. financial investor purchases bonds significant increase in world trade since 1990? issued by the government of Peru. How will this Increase in world population transaction be recorded in U.S. international transactions? Advances in communication and It is recorded in the current account as a transportation that have lowered positive (plus) item. transportation costs It is recorded in the current account as a Increases in military spending in every negative (minus) item. nation It is recorded in the capital account as a Consumers' changing tastes and positive item. preferences It is recorded in the capital account as a negative item. 1. Suppose Jaffe's exports equal $50 billion, its purchases of foreign assets equal $200 billion, and foreign purchase of Jaffe's assets equal $100 billion. What is Jaffe's balance on its capital account? $100 billion -$100 billion $150 billion -$150 billion