Check Your Understanding

1. Question

   Which of the balance of payments accounts do the following events affect?

   1. Boeing, a U.S.-based company, sells a newly built airplane to China.

   2. Chinese investors buy stock in Boeing from Americans.

   3. A Chinese company buys a used airplane from American Airlines and ships it to China.

   4. A Chinese investor who owns property in the United States buys a corporate jet, which he will keep in the United States so he can travel around America.