Explain

When a U.S. importer buys 100,000 pairs of pants from a Hong Kong company, this transaction will represent a:

A)Debit on the current account of the U.S. balance of payments

B)Debit on the financial account of the U.S. balance of payments

C)Credit on the current account of the U.S. balance of payments

D)Credit on the financial account of the U.S. balance of payments