Note. Please show your work and clearly label your answers.
Tiara, a small island nation, records the following balance of payments transactions. Please assemble a balance of payments accounts for Tiara, placing each item with the correct sign in the correct category (current account, financial account, or capital account).
Observed transactions:
Exports of fish to the US, USD1,000
Imports of services from New Zealand, USD600
Foreign direct investment from the US into a local factory, USD200
Increase in USD foreign exchange reserves due to central bank intervention, USD150
A local company borrows from abroad, USD200