Classify the following as a transaction reported in a


Explain in detail each of the five sub-questions:

Classify the following as a transaction reported in a sub-component of the current account, or the capital and financial accounts of the countries involved:

1. An Australian food chain imports vegetables from China.

2. A Dutch firm engages an Australian firm to provide a service

3. A Chinese student, residing in Australia, pay for his study at an Australian university

4. A US company buys 100% share of a Japanese company.

5. An American tourist pays for her stay at a hotel in Melbourne, Australia using her American Express Credit card.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Classify the following as a transaction reported in a
Reference No:- TGS01558802

Expected delivery within 24 Hours