Indicate whether each of the following represents a credit or debit on the U.S. current account. a.

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Indicate whether each of the following represents a credit or debit on the U.S. current account.
a. An American imports a BMW from Germany.
b. A Japanese company purchases software from an American company.
c. The United States gives $100 million in financial aid to Israel.
d. A U.S. company in Florida sells oranges to Great Britain.

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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