Calculate and explain the current account balance. (5marks) Calculate and explain the capital account? (5marks) Calculate the statistical discrepancy?(2marks) Explain if it will pose a problem for a...

1. Calculate and explain the current account balance. (5marks)


2. Calculate and explain the capital account? (5marks)


3. Calculate the statistical discrepancy?(2marks)

Explain if it will pose a problem for a country that faces large trade deficits? Give an example of any country


(a) Calculate and explain the current account balance. (5marks) (b) Calculate and explain the capital account? (5marks) (c) Calculate the statistical discrepancy?(2marks) (d) Explain if it will pose a problem for a country that faces large trade deficits? Give an example of any country with a trade deficit. (8marks)