Use this information on the following four questions. you are given the following transactions (in billions): •intel (a us company) receives $4 in royalty payments from a korean firm. •the us federal reserve sells $10 and purchases euros •us bondholders pay $12 in interest to japanese investors •us imports $10 in consumer electronics •german investors buy $5 in dell stock •us exports $8 in lumber •indian investors buy $16 in us t-bills assume that these transactions are the only ones that occur during the reporting period. that is, do not worry about the offsetting credit/debit that would usually occur. using these transactions, answer the following questions. enter only the numbers and do not enter a dollar sign. you should signify whether they are surpluses by using a "+' sign and deficits by entering a "-" sign. 1. what is the balance on current account?
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Use this information on the following four questions. you are given the following transactions (in b...
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