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REWRITE GIVEN ANSWERS (BALANCE OF PAYMENT PROBLEMS)
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Hi,</span></p> <p><span style="font-size: small;">Answers to Q3 and Q4 are correct. Have made them look different. In 3, have written a conclusion line at the end of each.</span></p> <p><span style="font-size: small;">Q1: Has been improved a lot with examples.</span></p> <p><span style="font-size: small;">Q2: The answer given in your attachment is not correct in entirety. Have corrected same.</span></p> <p><span style="font-size: small;">(The same file is also attached).</span></p> <p><span style="font-size: small;">Regards</span></p> <p><span style="font-size: small;">Bilbo</span></p> <p><span style="font-size: small;">NB: Give me a grade pls.</span></p> <p><span style="font-size: small;">_____________________________</span></p> <p><!--[if gte mso 9]><xml> <o:OfficeDocumentSettings> <o:AllowPNG/> </o:OfficeDocumentSettings> </xml><![endif]--></p> <p><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves/> <w:TrackFormatting/> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF/> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> <w:SplitPgBreakAndParaMark/> <w:EnableOpenTypeKerning/> <w:DontFlipMirrorIndents/> <w:OverrideTableStyleHps/> </w:Compatibility> <m:mathPr> <m:mathFont m:val="Cambria Math"/> <m:brkBin m:val="before"/> <m:brkBinSub m:val="--"/> <m:smallFrac m:val="off"/> <m:dispDef/> <m:lMargin m:val="0"/> <m:rMargin m:val="0"/> <m:defJc m:val="centerGroup"/> <m:wrapIndent m:val="1440"/> <m:intLim m:val="subSup"/> <m:naryLim m:val="undOvr"/> </m:mathPr></w:WordDocument> </xml><![endif]--><!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" DefUnhideWhenUsed="true" DefSemiHidden="true" DefQFormat="false" DefPriority="99" LatentStyleCount="267"> <w:LsdException Locked="false" Priority="0" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" Name="Normal"/> <w:LsdException Locked="false" Priority="9" SemiHidden="false" UnhideWhenUsed="false" QFormat="true" 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<w:LsdException Locked="false" Priority="XX" SemiHidden="false" UnhideWhenUsed="false" Name="XXXXXX Grid 2"/> <w:XXXXXXXXXXXX Locked="false" Priority="XX" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="XXXXX" Name="XXXXXX Grid X"/> <w:XXXXXXXXXXXX XXXXXX="XXXXX" Priority="XX" SemiHidden="false" XXXXXXXXXXXXXX="XXXXX" Name="Dark List"/> <w:XXXXXXXXXXXX Locked="false" Priority="71" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="XXXXX" XXXX="XXXXXXXX XXXXXXX"/> <w:XXXXXXXXXXXX Locked="XXXXX" XXXXXXXX="72" SemiHidden="XXXXX" XXXXXXXXXXXXXX="XXXXX" Name="XXXXXXXX XXXX"/> <w:XXXXXXXXXXXX XXXXXX="XXXXX" Priority="73" SemiHidden="XXXXX" UnhideWhenUsed="false" XXXX="XXXXXXXX Grid"/> <w:XXXXXXXXXXXX Locked="false" Priority="XX" SemiHidden="XXXXX" UnhideWhenUsed="false" Name="Light XXXXXXX XXXXXX X"/> <w:XXXXXXXXXXXX Locked="false" Priority="XX" XXXXXXXXXX="false" UnhideWhenUsed="false" Name="XXXXX XXXX Accent X"/> <w:LsdException XXXXXX="XXXXX" Priority="XX" SemiHidden="false" XXXXXXXXXXXXXX="XXXXX" Name="Light Grid Accent X"/> <w:LsdException XXXXXX="XXXXX" Priority="63" XXXXXXXXXX="false" UnhideWhenUsed="false" Name="XXXXXX XXXXXXX X XXXXXX X"/> <w:XXXXXXXXXXXX XXXXXX="false" XXXXXXXX="64" SemiHidden="false" UnhideWhenUsed="false" Name="Medium XXXXXXX X XXXXXX 1"/> <w:XXXXXXXXXXXX Locked="XXXXX" XXXXXXXX="XX" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="false" XXXX="XXXXXX List 1 XXXXXX X"/> <w:LsdException XXXXXX="false" XXXXXXXXXXXXXX="false" Name="XXXXXXXX"/> <w:XXXXXXXXXXXX Locked="XXXXX" Priority="34" XXXXXXXXXX="XXXXX" UnhideWhenUsed="false" XXXXXXX="XXXX" Name="List Paragraph"/> <w:LsdException XXXXXX="false" XXXXXXXX="XX" SemiHidden="false" XXXXXXXXXXXXXX="false" QFormat="XXXX" XXXX="XXXXX"/> <w:XXXXXXXXXXXX Locked="false" XXXXXXXX="30" SemiHidden="false" UnhideWhenUsed="false" XXXXXXX="true" Name="XXXXXXX XXXXX"/> <w:LsdException XXXXXX="XXXXX" XXXXXXXX="XX" SemiHidden="false" UnhideWhenUsed="XXXXX" Name="XXXXXX List 2 XXXXXX X"/> <w:XXXXXXXXXXXX Locked="XXXXX" Priority="67" SemiHidden="XXXXX" XXXXXXXXXXXXXX="XXXXX" Name="XXXXXX XXXX X XXXXXX X"/> <w:XXXXXXXXXXXX Locked="XXXXX" XXXXXXXX="XX" SemiHidden="XXXXX" XXXXXXXXXXXXXX="XXXXX" Name="Medium Grid X XXXXXX 1"/> <w:XXXXXXXXXXXX XXXXXX="XXXXX" XXXXXXXX="69" SemiHidden="XXXXX" XXXXXXXXXXXXXX="false" Name="Medium Grid X Accent 1"/> <w:XXXXXXXXXXXX XXXXXX="XXXXX" Priority="XX" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="false" Name="XXXX List Accent 1"/> <w:XXXXXXXXXXXX Locked="false" Priority="XX" SemiHidden="false" XXXXXXXXXXXXXX="XXXXX" Name="Colorful Shading XXXXXX X"/> <w:LsdException Locked="XXXXX" Priority="72" SemiHidden="XXXXX" XXXXXXXXXXXXXX="XXXXX" XXXX="Colorful XXXX Accent 1"/> <w:LsdException XXXXXX="false" XXXXXXXX="XX" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="XXXXX" Name="Colorful Grid Accent 1"/> <w:LsdException Locked="XXXXX" Priority="60" SemiHidden="XXXXX" UnhideWhenUsed="XXXXX" Name="XXXXX XXXXXXX XXXXXX X"/> <w:LsdException Locked="false" XXXXXXXX="XX" SemiHidden="XXXXX" UnhideWhenUsed="false" Name="Light XXXX Accent 2"/> <w:LsdException XXXXXX="false" XXXXXXXX="62" XXXXXXXXXX="XXXXX" UnhideWhenUsed="XXXXX" XXXX="Light Grid XXXXXX X"/> <w:XXXXXXXXXXXX Locked="false" XXXXXXXX="63" XXXXXXXXXX="XXXXX" UnhideWhenUsed="XXXXX" XXXX="Medium Shading 1 XXXXXX X"/> <w:LsdException Locked="XXXXX" Priority="64" SemiHidden="XXXXX" UnhideWhenUsed="XXXXX" Name="Medium XXXXXXX X XXXXXX X"/> <w:LsdException XXXXXX="XXXXX" Priority="XX" SemiHidden="false" UnhideWhenUsed="XXXXX" XXXX="Medium List X Accent 2"/> <w:LsdException Locked="XXXXX" Priority="66" SemiHidden="false" UnhideWhenUsed="XXXXX" XXXX="XXXXXX List 2 XXXXXX 2"/> <w:XXXXXXXXXXXX XXXXXX="false" XXXXXXXX="67" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="XXXXX" XXXX="Medium Grid X Accent 2"/> <w:LsdException XXXXXX="false" XXXXXXXX="XX" SemiHidden="false" XXXXXXXXXXXXXX="false" Name="XXXXXX XXXX 2 XXXXXX X"/> <w:XXXXXXXXXXXX Locked="XXXXX" Priority="XX" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="XXXXX" XXXX="XXXXXX XXXX 3 Accent 2"/> <w:XXXXXXXXXXXX XXXXXX="XXXXX" 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UnhideWhenUsed="false" XXXX="Medium XXXXXXX X Accent 3"/> <w:LsdException Locked="XXXXX" XXXXXXXX="65" XXXXXXXXXX="false" UnhideWhenUsed="false" Name="Medium List X Accent X"/> <w:LsdException Locked="XXXXX" Priority="XX" XXXXXXXXXX="XXXXX" UnhideWhenUsed="XXXXX" XXXX="Medium List X Accent X"/> <w:XXXXXXXXXXXX XXXXXX="XXXXX" XXXXXXXX="67" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="false" XXXX="XXXXXX XXXX X XXXXXX 3"/> <w:LsdException XXXXXX="false" Priority="68" SemiHidden="false" UnhideWhenUsed="XXXXX" Name="XXXXXX Grid X Accent 3"/> <w:LsdException XXXXXX="XXXXX" Priority="69" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="false" XXXX="XXXXXX Grid 3 Accent 3"/> <w:LsdException Locked="XXXXX" XXXXXXXX="70" XXXXXXXXXX="false" UnhideWhenUsed="XXXXX" Name="XXXX XXXX Accent 3"/> <w:LsdException XXXXXX="XXXXX" Priority="71" SemiHidden="false" XXXXXXXXXXXXXX="false" XXXX="XXXXXXXX Shading Accent X"/> <w:XXXXXXXXXXXX XXXXXX="false" Priority="72" SemiHidden="false" UnhideWhenUsed="false" Name="XXXXXXXX List 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Priority="XX" XXXXXXXXXX="false" XXXXXXXXXXXXXX="XXXXX" XXXX="XXXXXX XXXXXXX 2 Accent X"/> <w:LsdException XXXXXX="false" Priority="XX" XXXXXXXXXX="false" XXXXXXXXXXXXXX="XXXXX" XXXX="Medium List 1 Accent X"/> <w:LsdException XXXXXX="false" XXXXXXXX="XX" XXXXXXXXXX="false" UnhideWhenUsed="false" Name="XXXXXX XXXX 2 Accent 6"/> <w:LsdException XXXXXX="false" Priority="XX" XXXXXXXXXX="false" UnhideWhenUsed="false" Name="XXXXXX XXXX 1 Accent 6"/> <w:LsdException Locked="XXXXX" XXXXXXXX="68" SemiHidden="XXXXX" UnhideWhenUsed="XXXXX" XXXX="XXXXXX XXXX X XXXXXX X"/> <w:LsdException XXXXXX="XXXXX" XXXXXXXX="XX" SemiHidden="false" UnhideWhenUsed="XXXXX" XXXX="XXXXXX Grid 3 XXXXXX 6"/> <w:XXXXXXXXXXXX XXXXXX="false" Priority="70" SemiHidden="false" UnhideWhenUsed="XXXXX" XXXX="Dark XXXX Accent 6"/> <w:XXXXXXXXXXXX Locked="false" XXXXXXXX="71" XXXXXXXXXX="XXXXX" UnhideWhenUsed="false" Name="XXXXXXXX Shading Accent X"/> <w:XXXXXXXXXXXX Locked="XXXXX" XXXXXXXX="72" SemiHidden="XXXXX" UnhideWhenUsed="XXXXX" Name="Colorful List XXXXXX X"/> <w:LsdException Locked="XXXXX" Priority="73" SemiHidden="false" XXXXXXXXXXXXXX="false" XXXX="XXXXXXXX XXXX XXXXXX X"/> <w:LsdException Locked="false" XXXXXXXX="XX" SemiHidden="XXXXX" XXXXXXXXXXXXXX="XXXXX" QFormat="true" Name="XXXXXX Emphasis"/> <w:LsdException XXXXXX="false" XXXXXXXX="XX" XXXXXXXXXX="false" UnhideWhenUsed="XXXXX" QFormat="true" XXXX="Intense Emphasis"/> <w:LsdException Locked="false" Priority="31" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="false" XXXXXXX="XXXX" XXXX="Subtle XXXXXXXXX"/> <w:LsdException XXXXXX="XXXXX" Priority="32" XXXXXXXXXX="XXXXX" XXXXXXXXXXXXXX="false" QFormat="true" XXXX="XXXXXXX Reference"/> <w:XXXXXXXXXXXX Locked="XXXXX" Priority="XX" XXXXXXXXXX="false" XXXXXXXXXXXXXX="XXXXX" QFormat="true" Name="XXXX Title"/> <w:XXXXXXXXXXXX Locked="XXXXX" XXXXXXXX="XX" Name="Bibliography"/> <w:LsdException Locked="XXXXX" Priority="39" QFormat="true" XXXX="TOC XXXXXXX"/> </w:XXXXXXXXXXXX> </xml><![XXXXX]--><!--[if XXX mso XX]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-XXXXXXX-XXXX:0; XXX-tstyle-colband-XXXX:X; mso-style-XXXXXX:XXX; mso-style-XXXXXXXX:XX; mso-style-XXXXXX:""; XXX-padding-XXX:XXX X.4pt 0in 5.XXX; XXX-XXXX-margin-top:0in; XXX-XXXX-margin-right:0in; mso-para-XXXXXX-bottom:XX.0pt; XXX-para-XXXXXX-XXXX:0in; XXXX-XXXXXX:XXX%; mso-pagination:XXXXX-XXXXXX; XXXX-XXXX:12.XXX; XXX-XXXX-font-XXXX:10.XXX; font-XXXXXX:"XXXXX XXX Roman","serif";} </style> <![XXXXX]--></p> <p class="XXXXXXXXX" style="margin-bottom: .0001pt;"><strong style="mso-XXXX-XXXX-XXXXXX: normal;">1>National Defense Argument</XXXXXX></p> <p class="XXXXXXXXX" style="XXXX-height: 115%;">XXXXXXXX Defense XXXXXXXX is XXX XXXXX XXXXXXXXXXX argument which says that XXXXX with XXXXXXX buyers XXX XXXXXXX goods XXXXXX not XX XXXXXXX out. XXXX XX because the buyer XXXXXX XX trusted and XXX XXX XXXX XXXX buy for reasons XXXXX than XXXXXXXXXX stated. This may XXXX XX a situation XXXXX XXX selling XXXXXXX&XXXXX;s defense XXX/or XXXXXXXX XXXXXXXXX are XXXXXXXXXX. An example XX the restriction against XXXXXXX XXXXXXXXX XXX refining Uranium XX the refined XXXXXXX can XX used to XXXX XXXXXXX XXXXXXXX.</p> <p XXXXX="MsoListParagraph" style="XXXXXX-XXXX: XXX; XXX-add-XXXXX: XXXX;"><XXXXXX style="mso-XXXX-XXXX-XXXXXX: XXXXXX;">X>XXXXXXXXX Industry Argument</strong></p> <p class="XXXXXXXXX" style="line-XXXXXX: 115%;">XXX Declining Industry Argument XX XXX XXXXXXXX XXXX once XXXXXXX made XXXXXXXX XXXXX XXX allowed into XXX XXXXXXXX XXXXXX XXXXX XXXX XXXXX, XXX supply XX XXXXX XXXX far XXXXXX XXXXX XXXXXX, which XXXX lead XX XXXX in XXXXXX, the extent XX XXXX XXXXXXXXX upon XXX elasticity XX XXX XXXXXXXXXX item. XXXXXXXX XXXXXXXXXX will XXX be able to offer XXXXX XXXXXXXX at XXXXXX XXXXXXXXXXX enough XXXXXXX XX XXXXXXXXXX XXXXXXXXX XXXXX, intellectual XXXXXXX costs, etc. <span style="mso-XXXXXXXX: yes;"></span>This XXXX therefore result in the XXXXXXXX XXXXXXXXXX XXXXXXX XXXX or diversifying, or in XXXXX words, a decline XX XXXXXXXXXX growth in that particular segment. XXX flooding of the XXXXXXXX XXXXXXXXXXX, XXXXXXXXX toys market by XXXX cheap XXXX from China XX an example of XXX XXXXXXXXX XXXXXXXX XXXXXXXX.</p> <p XXXXX="XXXXXXXXX" style="line-height: XXX%;"><XXXXXX style="mso-bidi-font-XXXXXX: XXXXXX;">X&XX;XXXXXX XXXXXXXX Argument</strong></p> <p XXXXX="MsoNormal" style="XXXX-XXXXXX: XXX%;">The Infant Industry XXXXXXXX XXXXXX that a XXXXX-up XXXXXXXX XXXXXX XXXXXXX with established XXXXXXX competitors, XXXXXXX to an infant XXXXX unable to compete with an adult. The XXXXXXXXXXX industries have so designed XXXXX XXXXXXXXXX XX get the maximum benefit from the XXXXXXXXX XX XXXXX; the XXXXXXXXXX XXX XXX XXXX XXXXXXXXX XX XXXXXXX XXX XXXXXXXXXX in the place of XXXXXXXXXXX, XXX. XX compete XXXXXXX XXXXX established industries, the XXX XXXXX-up industries XXXXXXX XXXX XXXX XXXXXX XXXXX XXXX XXXX up their XXXXXXXXXX. Therefore, for a XXX-decided initial XXXXXX, these XXXXXXXXXX need XX be protected (XXXX XXXXXX duties, tax XXXXXXXXXXX XX XXX XXXXXXX, etc.). XXXXXX XXXXXXXXXX XXXX XX be protected XXXXXX XXX Indian XXXXXXX was made XXXX. This XXXXXXXXXX used XX XX in the XXXX XX <strong style="XXX-bidi-font-weight: normal;">a five year tax XXXXXXX</XXXXXX>.</p> <p class="MsoNormal" style="line-height: 115%;">Answer to XXX:</p> <p class="MsoNormal" style="XXXX-XXXXXX: 115%;">XXX XXXXX protection XXXXXXXXX suffer overall from XXXXXXXXX in logic. XXX XXXX XXXXXX in favor XX free trade are XX XXXXXXX:</p> <p XXXXX="XXXXXXXXXXXXXXXXXXXXXXXXX" style="XXXX-indent: -.25in; line-XXXXXX: XXX%; XXX-list: XX level1 XXXX;"><span style="XXXX-XXXXXX: Symbol; XXX-XXXXXXX-font-family: Symbol; mso-XXXX-font-XXXXXX: Symbol;"><span style="mso-list: Ignore;">Images Not Shown<span style="font: 7.0pt Times New XXXXX;"> </span></span></span>Jobs XXX be lost XX cheaper XXXXXXX but XX the XXXX XXXX, XXX import procedures and XXXXXXX create much XXXX XXXX XXXX the lost XXXX. XXXXX XXXXXXX XXXX XXX in XXXXXX such as transportation, wholesale, retail, XXXXXXXXXXXX, and finance, and in a XXXXXX of XXXXX activities. XXX XXXXXXXX XXXXX XXXXX have XX XX XXXXXXXXXXX, XXXXXX, XXXXXXXXX, XXXXXXXXXXX, wholesale XXXXXXXX XXX finally retail XXXX purchase for XXX XX the US Consumer.</p> <p class="XXXXXXXXXXXXXXXXXXXXXXXXXX" style="XXXX-XXXXXX: -.25in; XXXX-XXXXXX: 115%; XXX-XXXX: XX XXXXXX XXXX;"><span style="font-XXXXXX: XXXXXX; XXX-XXXXXXX-font-XXXXXX: XXXXXX; mso-bidi-XXXX-family: Symbol;"><span style="XXX-XXXX: XXXXXX;">Images Not Shown<span style="XXXX: X.XXX XXXXX XXX XXXXX;"> </span></span></span>XXXXXXXXX should XXXXXX XXXXX XXXXX they have XXXXXXX comparative advantages and XXX XXXXX XXXXXXXXX. The XXXX XXX XXXXX XXXXX on XXXXXXXXX XXXXX XXXX a XXXXX advantage, XX XXXXX upon producing XXXXX with a comparative XXXXXXXXX, XXXX result in XXXX XXXXXXXXXX XX the XXXXXX, more XXXXXXX XXX more foreign XXXXXXXX.</p> <p XXXXX="XXXXXXXXXXXXXXXXXXXXXXXX" style="text-XXXXXX: -.25in; line-XXXXXX: 115%; XXX-list: l0 level1 XXXX;"><span style="XXXX-XXXXXX: XXXXXX; mso-XXXXXXX-XXXX-family: XXXXXX; XXX-bidi-font-family: XXXXXX;"><span style="XXX-list: Ignore;">Images Not Shown<span style="XXXX: 7.XXX Times XXX Roman;"> </span></span></span>Protectionism gives consumers XX choices XXX XXXXXXXXXXX products. Without competition, firms are content XXXXXX old XXXXXXXXXX items XXXXXXX increasing technology gaps. XXXX, Innovation XXX creativity in XXXXXXXXXXXXX are XXXXXXXX in the face XX competitor XXXXXXXX.</p> <p class="XXXXXXXXX" style="line-height: 115%;">The only XXXXXXXX where XXXXXXXXXXXXX may XX XXXXXXXXX is in XXXXXXXXX embargoes against XXXXX nations, XXXXXXXXX enforced by a group XX democratic nations. XXXXXXX, XXXX is open XX XXXXXX since it XXX been seen XXXX XXXXXXX turn rogue XX XXXXXXX of XXXXX by XXXXXXXXX. XXXXXXXXX XXX XXXXXXXXX with only XXXXX wellbeing XXX XXX XXX XXXXXX’s wellbeing. An example of XXXXX XXXXXXXXXXXXX is XXX &XXXXX;XXXXX XXXXXXXXX’ placed XX XXX UNSC XXXXXXX XXXX after XXX XXXXXXXX XX Kuwait XX, XXXX 1990 XX 2003.</p> <p class="XXXXXXXXX" style="line-height: XXX%;"></p> <p class="XXXXXXXXX" style="XXXX-height: 115%;">XXXXXXX XX:</p> <p XXXXX="XXXXXXXXX" style="line-XXXXXX: XXX%;">1a) Merchandise Trade XXXXXXX = Total XXXXXXX- Total Imports</p> <p class="MsoNormal" style="XXXX-height: 115%;">= $350 - $XXXX =<span style="XXX-XXXXXXXX: XXX;"> </span>(-)$X,XXX XXXXXXX</p> <p class="XXXXXXXXX" style="line-height: XXX%;">XXX Merchandise XXXXX Balance XX $2,XXX.XX XXXXXXX XX XXXXXXX.</p> <p XXXXX="XXXXXXXXX" style="line-height: 115%;">b) Balance XX XXXXX &XXX; XXXXXXXX XX XXX XXXXXXXXXXX Trade XXXXXXX XXXX XXXXXXXX values XXXX considered</p> <p XXXXX="MsoNormal" style="XXXX-height: XXX%;">= ($XXX + $2,145)-($ 2,XXX+$XXX) = (-) $ XXX billion</p> <p class="MsoNormal" style="XXXX-XXXXXX: XXX%;">Balance XX Goods and XXXXXXXX XX $100 billion imports.</p> <p XXXXX="XXXXXXXXX" style="line-XXXXXX: 115%;"><span style="XXX-XXXXXXXX: XXX;"></span>(c )<span style="mso-XXXXXXXX: XXX;"> </span>XXXXXXX XX XXXXXXX XXXXXXX = XXXXXXX of XXXXX &XXX; XXXXXXXX + net Income XXX transfers</p> <p XXXXX="XXXXXXXXX" style="XXXX-XXXXXX: XXX%;"><span style="mso-tab-count: X;"> </span>= (-$100) + $221.5 = $121.XX XXXXXXX</p> <p class="MsoNormal" style="line-height: 115%;">(d) XXXXXXXXX XXXXXXX XXXXXXX = Change in XXXXXXX XXXXXXXXX XX XX XXXXXX - Change in XX Ownership of XXXXXXX XXXXXX</p> <p class="XXXXXXXXX" style="XXXX-height: XXX%;">= $100-$245</p> <p XXXXX="MsoNormal" style="line-XXXXXX: XXX%;">=(-) $145 Billion</p> <p XXXXX="XXXXXXXXX" style="XXXX-height: XXX%;">XXXXX XXX US has more claims XXXX XXXXXXXXXXX in the XXXXX.</p> <p style="XXXXXX-XXX: XXX; margin-XXXXX: XXX; XXXXXX-bottom: 7.XXX; margin-left: 0in; line-XXXXXX: XX.0pt; background: XXXXX;">(e ) S<span style="XXXXX: #XXXXXX;">XXXXXXXXXX discrepancy = XXXXXXX on XXXXXXX Account - XXXXXXXXX Account XXXXXXX</span></p> <p style="margin-XXX: 0in; XXXXXX-right: XXX; XXXXXX-bottom: 7.XXX; XXXXXX-left: 0in; line-XXXXXX: XX.0pt; background: white;"><span style="color: #XXXXXX;"><br /> = 121.5-(-145) = XXX.5 Billion</span></p> <p style="line-height: XX.0pt; background: white;"><span style="color: #XXXXXX;">X.</span> <span style="color: #XXXXXX;">a. <XXXXXX style="XXX-bidi-font-XXXXXX: XXXXXX;">A XXXX XXXX financier XXXX XXXX X.S. corporate XXXXX</strong></span></p> <p style="XXXX-height: XX.XXX; background: XXXXX;"><span style="color: #333333;">Credit Account (XX): Change in Foreign XXXXX Assets in XX </span></p> <p style="XXXX-height: XX.XXX; XXXXXXXXXX: white;"><span style="color: #333333;">Debit Account(XX): Net XXXXXX and XXX XXXXXXXXX</span></p> <p style="line-XXXXXX: XX.XXX; XXXXXXXXXX: white;"><strong style="XXX-XXXX-font-XXXXXX: normal;"><span style="color: #333333;">b. X U.S. XXXXXXX in XXXXX XXXX some XXXXXXX XX XXXX home<span style="mso-tab-XXXXX: X;"> </span></span></XXXXXX></p> <p style="XXXX-height: XX.0pt; background: white;"><span style="color: #333333;">XX: Net XXXXXX and Net Transfers</span></p> <p style="XXXX-height: 15.0pt; XXXXXXXXXX: XXXXX;"><span style="color: #XXXXXX;">XX: Merchandise XXXXXXX</span></p> <p style="line-XXXXXX: XX.XXX; XXXXXXXXXX: white;"><strong style="mso-bidi-font-XXXXXX: normal;"><span style="XXXXX: #333333;">c. A XXXXXXXX company sells machinery XX a XXXXXXXXX company in Hawaii</span></strong></p> <p style="XXXX-height: XX.XXX; XXXXXXXXXX: white;"><span style="XXXXX: #333333;">XX: Net Income XXX XXX Transfers</span></p> <p style="XXXX-XXXXXX: XX.XXX; XXXXXXXXXX: white;"><span style="color: #XXXXXX;">XX: Merchandise XXXXXXX</span></p> <p style="line-XXXXXX: XX.XXX; XXXXXXXXXX: white;"><XXXXXX style="mso-XXXX-font-weight: normal;"><span style="color: #333333;">d. X.S. XXXXXXX gave XXXX XX starving children in Ethiopia</span></strong></p> <p style="XXXX-XXXXXX: XX.0pt; background: XXXXX;"><span style="color: #XXXXXX;">Not applicable XX this is XXX a trade.</span></p> <p style="line-XXXXXX: XX.0pt; XXXXXXXXXX: XXXXX;"><strong style="mso-bidi-font-weight: normal;"><span style="color: #333333;">e. XXX X.S. treasury sells a bond XX a Saudi XXXXXXX XXXXXX</span></strong></p> <p style="XXXX-XXXXXX: XX.XXX; XXXXXXXXXX: white;"><span style="XXXXX: #XXXXXX;">XX: Change in XXXXXXX XXXXX Assets in XX</span></p> <p style="line-height: 15.0pt; XXXXXXXXXX: white;"><span style="XXXXX: #333333;">Dr: <span style="XXX-spacerun: XXX;"></span>Net XXXXXX and XXX Transfers</span></p> <p style="XXXX-height: XX.0pt; XXXXXXXXXX: white;"><XXXXXX style="XXX-bidi-font-XXXXXX: normal;"><span style="XXXXX: #XXXXXX;">f. A X.S. XXXXXXX flies XX France XX Air XXXXXX</span></strong></p> <p style="XXXX-height: XX.0pt; XXXXXXXXXX: white;"><span style="color: #333333;">Cr: XXX XXXXXX and Net XXXXXXXXX</span></p> <p style="line-XXXXXX: XX.XXX; background: XXXXX;"><span style="color: #333333;">Dr: <span style="mso-spacerun: yes;"></span>Service Imports</span></p> <p style="XXXX-XXXXXX: XX.0pt; background: XXXXX;"><strong style="XXX-bidi-XXXX-weight: XXXXXX;"><span style="color: #XXXXXX;">g. X X.S. company XXXXX XXXXXXXXX to a XXXXXXX firm</span></XXXXXX></p> <p style="XXXX-XXXXXX: 15.XXX; background: XXXXX;"><span style="XXXXX: #333333;">Cr: Export of Services</span></p> <p style="XXXXXX-top: XXX; margin-right: 0in; XXXXXX-XXXXXX: X.5pt; XXXXXX-XXXX: XXX; line-height: 15.0pt; XXXXXXXXXX: XXXXX;"><span style="XXXXX: #XXXXXX;">XX: XXX XXXXXX and XXX XXXXXXXXX</span></p> <p style="XXXXXX-XXX: 0in; margin-XXXXX: XXX; XXXXXX-bottom: 7.5pt; margin-XXXX: XXX; text-XXXXX: XXXXXX; line-height: XX.0pt; background: XXXXX;" XXXXX="center">***********</p>">
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