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Sagot :
The following items would be in the current account:
a U.S. citizen buys a vacation home in Acapulco, Mexico
c. a U.S. citizen buys a BMW made in Germany
The following items would be in the capital account:
A Japanese citizen earns dividend income on shares of stock of a U.S. firm.
a Japanese citizen donates money to a U.S. charity
The current account records information on the flow of tangible goods and services in a country.
Components of the current account
- Trade balance - it records import and export.
- Net income - it records the income received by a country's residents less the income paid to foreigners.
- Transfers - it includes income sent to a country by its citizens working in foreign countries.
The capital account is used to record capital transfers and investments.
To learn more about a current account, please check: brainly.com/question/24029724
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