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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

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92267839

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