Americans buy chocolate from the Swiss. U.S. gives foreign aid to Bosnia. British   investors purchase U.S. government bonds American tourists travel to Australia Volkswagen earns profits in the United   States from its new cars Toyota   builds a new plant in Ohio Capital   Records sells rock and roll music in Sweden

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter6: Government Influence On Exchange Rates
Section: Chapter Questions
Problem 18QA
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International Finance (chapter 21)

Question: Classify each of the following as debits or credits in the U.S. balance of payments.

Americans buy chocolate from the Swiss.

U.S. gives foreign aid to Bosnia.

British   investors purchase U.S. government bonds

American tourists travel to Australia

Volkswagen earns profits in the United   States from its new cars

Toyota   builds a new plant in Ohio

Capital   Records sells rock and roll music in Sweden

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