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Net impact of Boeing sale on the U.S. current account

Suppose Lufthansa buys $400 million worth of Boeing jets in 1994 and is financed by the U.S. Eximbank with a five year loan that has no principal or interest payments due until 1995. What is the net impact of this sale on the U.S. current account, capital account, and overall balance of payments for 1994?

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In 1994, the sale of Boeing 747s is recorded on the U.S. balance of payments as a $400 million merchandise export matched by a ...

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