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Four international transactions are listed below. For each, determination whether it is a credit or a debit in the U.S. balance of payments, and whether it is a current account or capital account transaction, and whether it increases or decreases the size of the U.S. balance of payments deficit.
a. Japan buys rice from the United States
b. Ford motor company builds an automobile plant in Russia
c. A German insurance company buys U.S. government bonds.
d. U.S. residents vacation in Asia
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