Suppose Lufthansa buys $400 million worth of Boeing jets in 2018 and is financed by the U.S.

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Suppose Lufthansa buys $400 million worth of Boeing jets in 2018 and is financed by the U.S. Eximbank with a five-year loan that has no principal or interest payments due until 2019. What is the net impact of this sale on the U.S. current account, financial account, and overall balance of payments for 2018?

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Multinational Financial Management

ISBN: 9781119559900

11th Edition

Authors: Alan C Shapiro, Paul Hanouna

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