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1. According to Department of Statistics Malaysia dated 13th of May 2020, in the first quarter of 2020, Malaysia's Current Account Balance (CAB) recorded a

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1. According to Department of Statistics Malaysia dated 13th of May 2020, in the first quarter of 2020, Malaysia's Current Account Balance (CAB) recorded a surplus of RM 9.5 billion as illustrated in FIGURE Q1. From any THREE (3) recent articles, evaluate and explain why Malaysia's CAB recorded a surplus of RM 9.5 billion as against RM 7.5 billion in the fourth quarter 2019. A sample of article is given in APPENDIX ARTICLE 1. RM billion Current Account Balance 20 16.9 15 14.9 14.3 12.2 12.1 10.2 10.9 10.7 10 9.5 7.5 5.1 5 3.4 3.3 0 II IV IV III IV 2017 2018 2019 2020 Quarter FIGURE Q1: Malaysia's Quarterly Current Account Balance (CAB) from 2017 until First Quarter 2020 [60 marks]. List all links to the articles that you used as references in your answers. . Use the following requirements in answering the questions: o Clear evaluation on the causes of Malaysia's Current Account Balance (CAB) recorded surplus in the first quarter 2020 compared to the fourth quarter 2019. o Clear analysis and correct identification on the FOUR (4) monetary economics policy tools used by central bank to overcome the problem of inflation.ARTICLE 1: MALAYSIA'S TRADE SURPLUS IN Q1 2020 RISES 0.1PC TO RM36.99.B, SAYS MITI KUALA LUMPUR, May 4: Malaysia recorded a trade surplus of RM36.99 billion in the first quarter (Q1) 2020, 0.1 per cent higher compared to the same period in 2019, the highest trade surplus recorded for Q1 since 2011, said the International Trade and Industry Ministry (MITI). The total trade, exports and imports contracted 8.1 per cent, 7.4 per cent and 8.9 per cent, respectively compared to the previous quarter while the trade surplus expanded by 1.5 per cent. Total trade during the Q1 2020 grew 1.2 per cent to RM440.38 billion compared to Q1 2019. Higher trade was recorded with Indonesia, the United States (US), South Korea, Saudi Arabia and Singapore. Source: Malay Mail. (2020, May 04). Malaysia's trade surplus in Q1 2020 rises 0. 1pc to RM36.99b, says MITI: Retrieved July 24, 2020, from https://www.malaymail.comews/money/2020/05/04/malaysias-trade-surplus-in-q1-2020-rises-0.1pc- to-rm36.99b-says-miti/1862852

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