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Problem
One of the more important measures in regard to international economics is the balance of payments. Think of it as a national accounting measure that looks at the flow of goods and services into and out of an economy in a given period of time. It also shows capital flows into and out of a country. Until 1980, the United States tended to run a positive-to-neutral balance of payments position and was a creditor nation. In the course of the past 30 years, the United States has moved to a negative balance of payments and to being a debtor nation.
Review and discuss the following:
• Discuss the importance of the balance of payments as an accounting measure.• Discuss the current account and its components and the capital and financial accounts and their components.• How important is the U.S. deficit in traded goods in regard to the balance of payments?
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monarch associates a u.s. computer parts manufacturer entered into a joint venture with a russian computer technology
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Determine what positive or negative consequences
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Prepare the General Fund journal entries necessary on October 1, October 20, and November 1, 2013. Classify the expenditures as Road maintenance.
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Assume you are reviewing a company's annual report. In addition to actual revenues reported in the income statement, what other information disclosed would give you help in estimating this company's future revenues?
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