1. Balance of Payments Accounting For each of the following transactions, indicate which line (or lines) of the US balance of payments it would show up in, and whether it would be recorded as a credit or debit transaction for the US. Remember, broadly there are two accounts: the current account and the financial account. Both of these are made up of various different flows of credits and debits. a. A Norwegian pension fund buys stock in an American company. b. An American family spends money on food and accommodation while on vacation in Italy. c. An American manufacturing company generates profits from a subsidiary in Mexico and reinvests these funds to expand the subsidiary. d. A Chinese company purchases a shipment of soybean oil from an American company, paying for it with a loan from an American bank.