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

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When the U.S. importer buys 100,000 pairs of pants from a Hong Kong company, it represents an outflow of money on the current account of the U.S. balance of payments. The current account records transactions in goods and services, and an import of goods represents an outflow of money from the domestic economy to a foreign country.

When a US Importer Buys 100,000 Pairs of Pants from a Hong