A us tourist travels to germany and spends 2000 on lodging


Please mention the changes in BOP account which will take place for each transaction

1. A U.S. tourist travels to Germany and spends $2000 on lodging and food. He pays the hotel with a check drawn on a U.S. bank

2. BMW in Germany sells $1 million of its cars to a U.S. dealer, allowing 90 days trade credit until the payment is due

3. a resident in U.S. receives a $10000 dividend check from a German corporation and deposits ot in a local bank. that local bank deposits the check in a German bank.

4. An American buys $20,000 worth of long term euro-bonds and pays by writing a check on his account with a German bank.

5. A U.S. winegrower contributes a case of his best wine (worth $1000) for a London wine tasting event.

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Dissertation: A us tourist travels to germany and spends 2000 on lodging
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