An Australian family buys a holiday to New Zealand, while an Australian mining company exports coal to China. Four students, A, B, C and D, are asked to say where these transactions are recorded in the current account of Australia’s balance of payments. Which student is correct?
- Aholiday to New Zealand service export; coal to China good export
- Bholiday to New Zealand service export; coal to China good import
- Choliday to New Zealand service import; coal to China good export
- Dholiday to New Zealand service import; coal to China good import