Balance-of-payment account


Problem: For each of the following, indicate in which U.S. balance-of-payment account it would be recorded (i.e. current or capital/financial) and whether it would be a credit or a debit.

1) U.S. imports of grapes

2) Aid paid by the U.S. government to Mexico

3) U.S. exports of automobiles

4) Payments received by U.S. residents from foreign investments.

5) Foreign residents purchase U.S. assets.

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Macroeconomics: Balance-of-payment account
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