Suppose that a us firm buys 10 volkswagen autos for 20000


Suppose that a U.S. firm buys 10 Volkswagen autos for $20,000 each, and the German company uses the money to buy a $200,000 U.S. Treasury bond at a Treasury auction.

How are these two transactions recorded in the balance-of-payments accounts for the United States?

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Financial Management: Suppose that a us firm buys 10 volkswagen autos for 20000
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