How are the following transactions entered into the U.S.balance of payments?
(a) The U.S.government sends $2,000 worth of food aid to Africa.
(b) A U.S.firm exports $10,000 worth of goods to the United Kingdom,payable in 3 months.
(c) A U.S.tourist in Amsterdam spends $200 for food and hotels.

Question

Quizplus · Accepted Answer

The Answer of How are the following transactions entered into the U.S.balance of payments?
(a) The U.S.government sends $2,000 worth of food aid to Africa.
(b) A U.S.firm exports $10,000 worth of goods to the United Kingdom,payable in 3 months.
(c) A U.S.tourist in Amsterdam spends $200 for food and hotels.

How Are the Following Transactions Entered into the U