Question: For each transaction in the table, indicate the current account component, cash flow position, and type of entry on the balance - of - payments
For each transaction in the table, indicate the current account component, cash flow position, and type of entry on the balanceofpayments account.
Transaction
Consumers in Japan purchase baseball jerseys
US Cash Flow
Position
Entry on US BalanceOf
Payments Account from their favorite US baseball teams. The jerseys are produced in the United States.
An Americanbased subsidiary to the parent company in Cana
The United States government provides foreign aid to another country after a natural disaster.
Consider the case of a US bank purchasing shortterm money market securities from Japan.
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