MYLAB ECONOMICS WITH PEARSON ETEXT -- A
MYLAB ECONOMICS WITH PEARSON ETEXT -- A
5th Edition
ISBN: 2819260099840
Author: Mishkin
Publisher: PEARSON
Question
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Chapter 21, Problem 3Q
To determine

a) Identify whether the following activities increase or decrease the current account balance.
    a. An American citizen’s purchase of an airline ticket from Air France

    b. A Japanese citizen's purchase of California oranges

    c. 50 million of foreign aid to Honduras

    d. A worker in California who sends money to his parents in Mexico

    e The services an American accounting firm provides to a German Firm

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