About the balance of payments

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Reference no: EM13817052

Balance of Payments

Explain where in the U.S. balance of payments an entry would be recorded for each of the following:

a. A Hong Kong financer buys some U.S. corporate stock.

b. A U.S. tourist in Paris buys some perfume to take home.

c. A Japanese company sells machinery to a pineapple company in Hawaii.

d. U.S. farmers gave food to starving children in Ethiopia.

e. The U.S. Treasury sells a bond to a Saudi Arabian prince.

f. A U.S. tourist flies to France on Air France.

g. A U.S. company sells insurance to a foreign firm.

Reference no: EM13817052

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