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Category > Economics Posted 27 May 2017 My Price 5.00

For each of the following transactions, indicate how it would affect the U.S. balance of payments

For each of the following transactions, indicate how it would affect the U.S. balance of payments if exchange rates were fixed:

a. You spent the summer traveling in Europe.

b. Your uncle in Canada sent you $20 as a birthday present.

c. You bought a new Honda, made in Japan.

d. You bought a new Honda, made in Ohio.

e. You sold some stock you own on the Tokyo Stock Exchange.

 

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Alpha Geek
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Status NEW Posted 27 May 2017 04:05 PM My Price 5.00

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