1. Boeing imports jet enginesproduced by Rolls-Royce for $40 million. Boeing makes payment bytransfe

/in /by

1.     Boeing imports jet enginesproduced by Rolls-Royce for $40 million. Boeing makes payment bytransferring the funds to a New Your bank account kept byRolls-Royce. Boeing’s import/payment will be recorded as a________in the current account, which will be matched by a _______in thecapital account from the deposit of the funds by Rolls-Royce A.    Debit: Credit B.    Debit: Debit C.     Credit: Debit D.    Credit: Credit 2.     US importers of steel from Chinawould likely ______ a decrease in US tariffs imposed on steelimports from China. US manufactures of steel would likely _______ areduction in US tariffs imposed on steel imports from China. A.    Benefit from; Benefitfrom;   B.    Behurt by: Benefit from C.     Benefit from; be hurtby D.    Behurt by; be hurt by . . .