Identify if the following transactions generates a credit or a debit in the American balance of payments accounts. Expla

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Identify if the following transactions generates acredit or a debit in the American balance of paymentsaccounts. Explain how each transaction would beclassified (current account, capital account, orfinancial account). Explain whether it constitutes as acash outflow or a cash inflow in the American balance ofpayment accounts,
a) An American computer manufacturer purchases $50 hard diskfrom a Malaysian company,Answer: Debit, Current account (U.S. good import), cash outflow of$50 [EXAMPLE]b) An U.S. tourist to Japan sells his iPod to a local residentworth $100.c) The U.S. central bank sells $500 million of its holdings of U.S.Treasury bonds to a British financial firm.d) A French owner of Apple shares receives $10,000 in dividendpayments.e) Germany provides research grants to American scientist to workon vaccine researchf) The U.S. government forgives a $50 million debt owed by adeveloping country.