How would each of the following transactions show up on the U.S. balance-of-payments accounts? a. Payment of
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a. Payment of $50 million in Social Security to U.S. citizens living in Costa Rica
b. Sale overseas of 125,000 Elvis Presley CDs
c. Tuition receipts of $3 billion received by American universities from foreign students
d. Payment of $1 million to U.S. consultants A.D. Little by a Mexican company
e. Sale of a $100 million Eurobond issue in London by IBM
f. Investment of $25 million by Ford to build a parts plant in Argentina
g. Payment of $45 million in dividends to U.S. citizens from foreign companies
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a This will show up as a net unilateral transfer abroa...View the full answer
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