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What are the main component accounts of the current account? Give one debit and...

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Accounting

  1. What are the main component accounts of the current account? Give one debit and one credit example for each component account for Australia
  2. What are the main components of the financial accounts? Give one debit and one credit example for each component account for Australia.
  3. The surge in Foreign Direct Investment in the 1980s is related to the globalisation of business with the FDI seen to benefit both source and host countries. Discuss the major benefits of FDI to MNEs.

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