Give prior explanation on topic in which this question lies…explain the question and advice on appropriate answer giving reasons for your answerWhen a U.S. importer buys 100,000 pairs of pants from a...

Give prior explanation on topic in which this question lies…explain the question and advice on appropriate answer giving reasons for your answerWhen 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 paymentsB)Debit on the financial account of the U.S. balance of paymentsC)Credit on the current account of the U.S. balance of paymentsD)Credit on the financial account of the U.S. balance of payments