Question

Match each transaction to the correct balance of payments account. (Current, Financial, Capital) A. U.S. Consumers...

Match each transaction to the correct balance of payments account. (Current, Financial, Capital)

A. U.S. Consumers purchase Japanese automobiles.

B. A French company pays dividends to a U.S. citizen who owns shares in its stock.

C. Insurance services from a private U.S. firm are contracted out to an Italian contractor.

D. The Chinese government invests in three-month U.S. treasury bills.

E. A Honduran worker leaves his temporary job in the United States and returns home with six months of wages.

F. The United States government purchases United Kingdom government bonds.

Homework Answers

Answer #1

A. U.S. Consumers purchase Japanese automobiles. - Current

B. A French company pays dividends to a U.S. citizen who owns shares in its stock. - Current

C. Insurance services from a private U.S. firm are contracted out to an Italian contractor. - Current

D. The Chinese government invests in three-month U.S. treasury bills. - Financial

E. A Honduran worker leaves his temporary job in the United States and returns home with six months of wages. - Capital

F. The United States government purchases United Kingdom government bonds. - Financial

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions