Question: Transaction Component US Cash Flow Position Entry on US Balance-Of-Payments Account Consumers in Japan purchase baseball jerseys from their favorite US baseball teams. The jerseys
| Transaction | Component | US Cash Flow Position | Entry on US Balance-Of-Payments Account | ||
|---|---|---|---|---|---|
| Consumers in Japan purchase baseball jerseys from their favorite US baseball teams. The jerseys are produced in the United States. | secondry income OR primary income OR payments for goods and services | outflow OR inflow | debit OR credit | ||
| An American-based subsidiary remits earnings to the parent company in Canada.. |
| outflow OR inflow | debit OR credit | ||
| The United States government provides foreign aid to another country after a natural disaster. |
| outflow OR inflow | debit OR credit |
Consider the case where a company in Spain purchases stock in a US-based company.
This component of the financial account is known as__________(other capital investment OR direct foreign investment OR portfolio investment)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
