Question: 1 . A U . K . resident buys Facebook shares, paying the equivalent of $ 5 0 0 0 Debit: FDI Amount: $ 5

1. A U.K. resident buys Facebook shares, paying the equivalent of $5000
Debit: FDI
Amount: $5000
Reasoning: Increase in US ownership of a foreign asset
Credit:
Amount: $5000
Reasoning:
2. Academy Sports + Outdoors imports $2.5 million worth of sports equipment from Vietnam to the USA.
Debit: Goods
Amount: $2.5M
Reasoning: import of goods from Vietnam
Credit: Short Term Portfolio
Amount: $2.5 milliom
Reasoning: increase in foreign ownership of USD
3. A Canadian entrepreneur seeking to sell souvenirs at the 2025 Superbowl in New Orleans, pays American Airlines $1099 for a Toronto New Orleans-round-trip ticket.
Debit: Short Term Portfolio
Amount: $1099
Reasoning: Decrease in foreign ownership of a US asset
Credit: Service
Amount $1099
Reasoning: Export of a service
4. The U.S. government gives Ethiopia $488 million worth of food for humanitarian aid.
Debit: gifts
Amount: $50
Reasoning: gift given to foreign entity
Credit: short term portfolio
Amount: $50
Reasoning: increase in foreign ownership of a US asset

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