18. Paf is a small country. Its currency is the pif, and the exchange rate with the United States dollar is 0.9 pifs per dollar. Following are some of the transactions affecting Paf's balance of payments during the quarter: - Paf exports 10 million pifs of local products. - Paf investors buy foreign companies for a total cost of $3 million. - Paf investors receive $0.1 million of dividends on their foreign shares. - Many tourists visit Paf and spend $0.5 million. - Paf pays 1 million pifs as interest on Paf bonds currently held by foreigners. - Paf imports $7 million of foreign goods. - Paf receives $0.3 million as foreign aid. Illustrate how the preceding transactions would affect Paf's balance of payments for the quarter, including the current account, the financial account, and the official reserves account