Question: Classify the following as a transaction reported in a sub-component of the current account, or the capital and financial accounts of the two countries involved:

Classify the following as a transaction reported in a sub-component of the current account, or the capital and financial accounts of the two countries involved:

i. An Australian firm imports clothes from an Italian designer.

ii. An Australian company hires a U.S. legal firm for a litigation process.

iii. A U.K. student residing in Australia buys a laptop from an Australian retailer.

iv. An Australian company borrows money from a Japanese bank.

v. An Australian investor purchases 100% shares of an Indian company.

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