Please read clearly and answer with explanation Thanks!
B ) Show how each of the following would affect
the U.S. balance of payments. Include a description of the debit
and credit items, and in each case identify which specific account
is affected (e.g., imports of goods and services, IM;
exports of assets, EXA; and so on).
a). The U.S. central bank purchases $500
million worth of U.S. Treasury bonds from a British financial firm
and sells pound sterling foreign reserves.