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

Question

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When a U.S. importer buys goods from abroad, in this case, 100,000 pairs of pants from a Hong Kong company, it represents an import transaction. This leads to an outflow of money from the U.S. as payment for the imported goods, which is recorded on the current account of the U.S. balance of payments.

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