How do each of the following transactions affect: (1) the trade surplus or deficit for the United States AND (2)

a. The U.S. export creates a trade surplus and the purchase of Israeli stock creates a capital outflow.

NX > 0

KI <0.

NX + KI = 0

b. The purchase of Mexican oil creates a trade deficit and the Mexican purchase of U.S. bonds creates a capital inflow.

NX< 0.

KI > 0.

NX + KI =0.

c.

The purchase of oil from Mexico and the Mexican purchase of drilling equipment does not create a trade (Click to select)deficit or surplus and does not create a capital inflow or outflow.

NX= 0.

KI = 0.

NX + KI =0.