Question: Classify the following as a transaction reported in a sub-component of the current account, or the capital and financial accounts of the countries involved: An
Classify the following as a transaction reported in a sub-component of the current account, or the capital and financial accounts of the countries involved:
- An Australian company purchases insurance from a U.K. based insurance company.
- An Australian resident purchases a laptop made in Japan from an Australian retailer.
- A German investor buys some Australian treasury bonds.
- A German company hires an Australian consultancy firm to solve some issues.
A U.S. firm acquires 100% shares of an Australian Telecom company
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