Unformatted text preview: but ownership of
the real [land/factory] or financial asset [stocks/bonds].
_____ 1. Joe buys $30,000 worth of stock from Korea’s Hyundai.
_____ 2. France buys bombers and machine guns manufactured
in N. Carolina.
_____ 3. Toyota builds a Tundra manufacturing plant in
San Antonio, TX.
_____ 4. An American purchases a Japanese made Toyota Prius.
_____ 5. Boeing sells a new 787 to France.
_____ 6. An ARAMCO employee working in Saudi Arabia sends
most of his pay to his family in Plattsburgh, NY.
_____ 7. Americans donate $100 million in earthquake relief to
Chinese relief organizations.
_____ 8. The U.S. exports 50 tons of chocolate to Ireland.
_____ 9. Ford buys three manufacturing plants in Taiwan.
_____ 10. Japanese banks purchase U.S. Treasury Bonds.
Cap/Finan. Current=Short term Current Acct+Capital/Financial Acct = 0
Capital=Long term Capital & Financial Acct (16%) 7. If a country has a current account deficit, wh...
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