Macroeconomics 12th Edition by William Baumol,Alan Blinder

تمرين 2

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.