Answer to Question #275240 in Macroeconomics for Shaun Mkansi

Question

Indicate under which item of the current account each of the following transactions is

recorded and whether it will increase or decrease the balance on the current account.

a. Capeson, a Chadilien exporting company, exports fruit to the Middle East.

Answer 1

Will be recorded in the credits account, and it will lead to an increase on the balance of that account.