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

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

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a A US food chain imports wine from Chile Debit to US goods part of current account credit to Chilean goods part of current account b A US resident purchases a eurodenominated bond from a German compa... View full answer

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