How will the following transactions affect the U S balance of payments For each transaction in the following table indicate in

Question

How will the following transactions affect the U S balance of payments For each transaction in the following table indicate in which U S account it appears as a credit and in which account it appears as a debit Transaction Miguel a U S resident buys an HDTV set for 2 500 and sends it to Mexico as a gift to his parents Arielle a French tourist stays at a hotel in San Francisco and pays 400 for it with her debit card issued by a French bank A U S computer manufacturer purchases hard drives from a South Korean company paying the funds from its bank account in South Korea Account with Credit Capital Current Financial Account with Debit

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