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Show (using the credit/debit tables) how each of the following would affect the U.S. balance of...

Show (using the credit/debit tables) how each of the following would affect the U.S. balance of payments (BOP). Your records should include a description of the transaction being recorded and the accompanying credit/debit entry in the CA, FA or KA accounts.

  1. a) A California computer manufacturer purchases a hard disk from a Malaysian company, using a

    bank account in Malaysia.

  2. b) The U.S. central bank sells some of its holdings of U.S. Treasury bonds to a British financial

    firm.

  3. c) The U.S. government ships one hundred tons of foreign aid supplies to Indonesia.

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