Explain how each of the following transactions generates two entries—a credit and a debit—in the Japanese balance of payments accounts, and describe how each entry would be classified:
a.A Japanese investor buys a share of a Thailand stock company, paying by writ-
ing a check on an account with a Singapore bank.
A Japanese investor buys a share of a Thailand stock company,paying the seller
with a check on a Japanese bank.
The Malaysian government carries out an official foreign exchange intervention
in which it uses Yen held in a Japanese bank to buy ringgit (Malaysian currency)
from its citizens
A tourist from Kyoto buys a meal at an expensive restaurant in Bangkok,
paying with a traveler’s check.
A sake´ brewery in Kobe contributes a case of sake´ bottles for a Paris wine-tasting
A Japanese-owned factory in Germany uses local earnings to buy additional