For each of the items below, determine if it is an import, an export, income, or a transfer. Assume that the United States is the domestic country. 1. Jim, an NYU student, studied abroad at the University of Barcelona this summer. While there, he worked part-time at the college's bookstore.
2. Rhode Island-based Joe's Lobster Shack hires Villagebank (a London investment bank) to handle its initial public offering (IPO).
3. Dennis lives and works in San Diego. He uses his holiday bonus to buy an Italian handbag for his wife.
4. Svetlana works at Coke headquarters in Atlanta. She sends 10% of her salary to her parents in Bulgaria.
5. Ohio Tech University pays $30 million in stipends to its international students.
6. Nancy is a U. S. citizen. She earned S800 in dividends last year from her investment portfolio of European shipping companies.
7. Scotland send $50 million to help the New Jersey Hurricane Relief Program.
8. Chicago-based Boeing, sells 12 new aircraft to Beijing Airlines.