44.
During the last month, a food company located in the United States had the following transactions:
Amount Transaction (US$ millions) Bought raw material from Indonesia 50.0 399388 Sold food products to France 65.0 Received royalty fees from its branch in the United Kingdom 0.5 Donated to a charitable institution in Africa 0.1 Borrowed from a bank in Singapore 2.0 Paid legal fees to its German legal consultant company 1.2 Received interest coupon from its investment in Eurobonds issued in 0.8 Luxembourg These transactions will most likely increase the U.S. current account by: A. $17.0 million. B. $15.0 million. C. $14.5 million.
