#P1 Identify the correct BOP account of U.S.A for each of the following transactions: 1. An Italian mutual fund buys U.S. government 25 -year bonds for its investment portfolio. 2. Canadian Airlines System buys jet fuel at Loss Angels Airport for its flight to Copenhagen. 3. An American student pay tuition to the University of California, Berkeley. 4. The U.S. Air Force buys food in South Korea to supply its air crews. 5. A German insurance company pays the salaries of its executives working for its U.S. subsidiaries. 6. A Canadian tourist pays for a restaurant meal in U.S.A. 7. A Colombian citizen smuggles cocaine into the United States, receives cash, and smuggles the dollars back into Colombia. 8. A U.K. corporation purchases a euro-denominated bond from a U.S.A MNE