Classify the following transactions in the German balance of Payments: a. A U.S. tourist travels to Frankfurt and spends ?1,000 on bratwurst and beer. He pays with a check drawn on a Tulsa, Oklahoma, bank. b. Mercedes-Benz sells ?400,000 of its cars to a U.S distributor, allowing 90 days’ trade credit until payment is due. c. Herr Schmidt in Bonn, Germany sends his grandson in New York ?10 as a high school graduation present. d. A resident in Sun City, Arizona, receives a ?4,000 dividend check from a German corporation and deposits it in a local bank. e. The U.S. Treasury buys ?10,000,000 worth of German government bonds paid for with a deposit in a German bank. 2. What is the net value of the current account?
Discussion Forum: Counterarguments (Should pit bull terriers be banned in my community) You created a question about the topic for your W6 Rough Draft. For this discussion, you will give an answer to that question in the form of a thesis statement. "Dieting Makes People Fat" Main Post: Share your thesis statement with your classmates. Please note: As with last week’s discussion, nothing here is set in stone. Be open to changing everything about your topic, including your position and audience, as you research it and get feedback from your classmates. Topic + Position/Purpose + Supporting Points =Thesis Statement Example: Suppose the question you posed in the Week 5 discussion was something like, “Should pit bull terriers be banned in my community?” After doing some preliminary research, you have concluded that pit bulls, if raised properly, are no more dangerous than other breeds of dogs. Your thesis statement can be something like, “Pitbulls should not be banned
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