Question: Below are five items that would be included in the balance of payments for the United States. Sort each item into either the current account
Below are five items that would be included in the balance of payments for the United States. Sort each item into either the current account or the capital account.
a Japanese citizen earns dividend income
on shares of
stock of a US
firm
a US citizen
buys a BMW made in Germany
a Chinese citizen buys a US government bond
a Japanese citizen donates money to a US charity
a US citizen
buys a vacation home in Acapulco, Mexico
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