Classify each of the following as debits or credits in the U.S. balance of payments.
a. Americans buy chocolate from the Swiss. DEBITS
b. The U.S. gives foreign aid to Bosnia. DEBITS
c. British investors purchase U.S. government bonds CREDITS
d. American tourists travel to Australia DEBITS
e. Toyota builds a new plant in Ohio. CREDITS
Save time and excel in your essays and homework. Hire an essay writer for the best price for the top-notch grade you deserve.