15. BOP Transactions. Identify the correct BOP account for each of the following transactions:

a. A German-based pension fund buys U.S. govern- ment 30-year bonds for its investment portfolio.

b. Scandinavian Airlines System (SAS) buys jet fuel at Newark Airport for its flight to Copenhagen.

c. Some Hong Kong students pay tuition to the University of California, Berkeley.

d. A Japanese auto company pays the salaries of its executives working for its U.S. subsidiaries.

e. A U.S. tourist pays for a restaurant meal in Bangkok.

f. A U.K. corporation purchases bond that is a euro-denominated from an Italian MNE.