Solved: Net impact of sale on the united states current account, Accounting Basics

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Net impact of sale on the united states current account

Problem:

Suppose Lufthansa buys $400 million worth of Boeing jets in 1994 and is financed by the U.S. Eximbank with a five year loan that has no principal or interest payments due until 1995. What is the net impact of this sale on the U.S. current account, capital account, and overall balance of payments for 1994?

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Accounting Basics: Net impact of sale on the united states current account

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Accounting Basics: Net impact of sale on the united states current account

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