Top Posters
Since Sunday
w
5
a
3
3
j
2
a
2
t
2
u
2
r
2
j
2
j
2
l
2
d
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
johnpaul92 johnpaul92
wrote...
Go to Answer
Posts: 2600
Rep: 9 0
8 years ago
For each of the following transactions, explain what happens to the merchandise trade balance, current account balance, and capital and financial account balance in both the United States and Mexico. The exchange rate is 2 Mexican pesos per U.S. dollar.
(a)   A Mexican firm spends 4 million pesos to buy radiology equipment from a U.S. firm.
(b)   A U.S. firm buys 20,000 sombreros at 20 pesos each.
(c)   Mexican computer firms send 200 programmers to universities in the United States, paying tuition and expenses of $3,000 each.
(d)   A Mexican entrepreneur gives 50,000 pesos to the United Way of San Antonio, Texas.
(e)   Mexican investors buy $10 million worth of 30-year U.S. Treasury bonds.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
Read 525 times
3 Replies
Replies
Answer verified by a subject expert
supamansupaman
wrote...
#1
Top Poster
Posts: 2219
Rep: 49 0
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 170 words.
1

Related Topics

johnpaul92 Author
wrote...
#2
8 years ago
This answers my question, thank you so much
wrote...
#3
8 years ago
Take care for now
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  966 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 132
  
 373
  
 1660
Your Opinion
What's your favorite coffee beverage?
Votes: 303
Previous poll results: Which 'study break' activity do you find most distracting?