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Consider the following transactions: (i) A Japanese firm pays a U.S. consulting firm for consulting services. (ii) Fresh Garden purchases products produced in Mexico that it will sell in its U.S.

Consider the following transactions:

(i) A Japanese firm pays a U.S. consulting firm for consulting services.

(ii) Fresh Garden purchases products produced in Mexico that it will sell in its U.S. stores.

(iii) A U.S. investor purchases stocks of Heineken (Netherlands).

(iv) John Hopkins, a U.S. investor, purchases bonds issued by Volkswagen Group (Germany).

How many of them are classified as Financial Account transactions on the U.S. Balance of Payment?:

Jun 10 2021 View more View Less

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