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Question #1: Explain how each of the following transactions would enter the U.S. balance of payments accounts. Focus on only the transactions described. Do not be concerned with possible offsetting transactions. Indicate whether it is recorded in the current accounts or financial accounts and whether it is a credit or debit. a. The U.S. government sells F-16 fighter planes to a foreign government. b. A U.S. investor purchases U.K. government bonds in London. C. A New York bank receives the interest on its loan to Brazil