Business, 29.07.2020 02:01 abolton04

Categorize each transaction according to the U. S. account to which it belongs and the direction the money flows. Account
Direction of flow
An Australian company buys steel from a U. S. firm.
The Federal Reserve buys $2$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.
Financial account
Payment from foreigners
Factor income
Payment to foreigners
Payment from foreigners
Current account
Financial account
Current account

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