Assume that the us is home for each of the transactions


Assume that the US is Home. For each of the transactions below (including the paymen for each), is it more likely to lead to a Current Account (+) or a Financial Account (-) or neither on the US BOP? Explain by indicating where the (+) and (-) are recorded in each case or other reason for your answer.

a) Cuban tourists take a whale-watching cruise out of the Boston harbor.

b) BNP Paribas (a French bank) sells 7% of its shares to a group of American investors.

c) The US government sends bottled water to Flint, Michigan to help with a water emergency there.

d) Petrobras ( a Brazilian firm ) sells its controlling interest in an Iranian drilling firm to Mexican investors.

e) A student club at Umass Boston leases (rents) small boats from a firm to the Dominician Republic to help with relief efforts in response to an earthquake in the area.

f) The US Federal Reserve buys yen from the Bank of Japan (BOJ, the central bank) in exchange for US dollars.

g) A Colombian resident travels to New York to obtain specialist medical care.

h) A Us holding company buys 15% of the shares issued by an Australian firm.

i) Coca-Cola, a US firm, imports rum from Jamaica.

j) A Peruvian developer Palazuela buys empty, abandoned property from the city of Detroit.

 

k) Tata Motors, an Indian firm, takes over Fisker Automotive, a US firm.

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Business Economics: Assume that the us is home for each of the transactions
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