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?
Part 1Title: Lab ResponseDiscuss one feature of MS Word and one feature of MS Excel that you found challenging within the lab and why. Examples are WordArt, inserting shapes, adding borders, cell styles, etc. This response should be at least one paragraph in length. Part 2Title: History of Computers Identify and discuss a key milestone in the history of computers that interests you and why. This section should be at least one paragraph. Part 3Title: System Software vs. Application Software In your words, explain the difference between application software and system software as if to another coworker who has limited technical knowledge. Use examples to support your rationalization. This section should be at least two paragraphs. Part 4Title: Blockchain and Cryptocurrency In a minimum of one paragraph each: 1. Conduct some research on the internet and discuss one underlying technology of cryptocurrencies like blockchain, cryptography, distributed ledger technol...
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