Classify Each of the Following as Debits or Credits in the U.S

question 87

Short Answer

Classify each of the following as debits or credits in the U.S. balance of payments.
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A.Russian tourists travel to United States.
B.U.S. gives foreign aid to BosniA
C.British investors purchase U.S. government bonds.
D.American tourists travel to AustraliA
E.Volkswagen earns profits in the United States from its new cars.
F.Toyota builds a new plant in Ohio.
G.Capital Records sells rock and roll music in Sweden.
H.German consumer buy Ronco Vegematics made in United States.
I.Procter & Gamble earns profits in their Mexican facility.

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Definitions:

Purchasing Power

The real value of money, reflecting the quantity of goods or services that one unit of money can buy, inversely related to the level of prices in the economy.

Producer Price Index

An economic measure reflecting the average rate of change in the prices at which domestic producers sell their goods over time.

Consumer Price Index

A tool that analyzes the weighted mean prices for an assortment of consumer necessities, such as healthcare, transportation, and food items.

Consumer Price Index

An index that measures the weighted average price of a group of consumer essentials, including transportation, medical care, and food.