Classify each scenario as part of the U. S. financial account or the U. S. current account. You are currently in a labeling module.
Financial account Current account
a. Al, a U. S. citizen, purchases a vacation home in Ixtapa, Mexico.
b. A U. S. company exports its product.
c. Moira, a U. S. citizen, purchases an imported dollhouse for her daughter.
d. The Canadian government purchases U. S. Treasury securities.
e. Margarita, a Mexican citizen, receives dividends on stock she owns in Apple, a U. S. company.
Account Direction of flow
An Australian company buys steel from a U. S. firm.
The Federal Reserve buys $2 billion worth of euros.
Profits are earned by a U. S. based mining company operating in Mexico.
An English company purchases a U. S. confectionary manufacturer.
Answers: 3
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Classify each scenario as part of the U. S. financial account or the U. S. current account. You are...
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