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QUESTION 3 1 points Save Answer How should a California computer manufacturer pu

ID: 2556787 • Letter: Q

Question

QUESTION 3 1 points Save Answer How should a California computer manufacturer purchase of a $50 hard disk from a Malaysian company affect the U.S. balance of payments? There is a $50 credit in the current account. There is a $50 debit in the current account. O There is a $50 credit in the financial account. O There is a $50 debit in the financial Account. QUESTION 4 1 pointsSave Answer Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and Submit

Explanation / Answer

Answer(3): It is a import transaction. From this transaction, Current account balance will come down and financial account trasaction will go up.

Answer(4): If Argentina defaults, NFIA $4.2, C stays the same and Argentina's external wealth rises to $0

Transaction Credit/Debit Hard disk imported from Malaysian company -$50 Decrease in Malaysian deposit owned by US firm +$50
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