Identify where the following transaction belongs in the U.S. balance of payments by recording the US dollar amounts in the table below. (You don’t have information to record the other side of the transaction, so only worry about the transaction described in a-h. Assume that the transactions took place on February 1, 2022. There may be more than one transaction in a category.

a. A Japanese resident earns $456 on a bank account located in New York City.

1. b. Pfizer, a US firm sets up a manufacturing plant in Portugal and this involves spending 100,000 euros to build the facility in Portugal.
2. c. An Indian movie firm located in Mumbai comes to Kalamazoo to shoot a film concerning a young Indian woman attending a U.S. college. The Mumbai firm expends $29,000 dollars to pay for expenses incurred (rights to the film in particular locations, housing expenses for the cast and crew, etc.)
3. d. A member of an old rich family from Kalamazoo decides to diversify her portfolio of assets by purchasing 500 pounds of stock in the London stock market.
4. e. Nuts about Kalamazoo, a Kalamazoo firm, get a big order to ship $25,000 worth of merchandise to Argentina.
5. f. The US government sends foreign aid to help vaccinate children in Ethiopia. The US government spends $1000 on this project.
6. g. Kellogg’s, a US corporation, sells its manufacturing facility located in Mexico and earns 780,000 pesos.
7. h. Japanese private investors buy 28,000 USD worth of US government Treasury Bonds.
8. i. Using this information only what is the balance on goods and services? (Provide a numerical value)________________________
9. j. Using the information provided for current account transactions only, what is the Current Account Balance? _________________.

A Simplified Balance of Payments Table (for the US)

	Credits, Receipts In payments Supply of FX Demand for US $ (Domestic Currency)	Debits Our payments Demand FX Supply of US $ (Domestic Currency)
I Current Account A. Goods (merchandise) B. Services C. Income receipts (payments) D. Current Unilateral Transfers II. Capital Account III. Financial Account A. Change in US-owned assets abroad US official reserve assets US government assets other than official US private assets B. Change in Foreign-Owned assets in the US Foreign official reserve assets Foreign government assets other than official Foreign private assets