1) Before getting into BOP analysis, you need to provide a brief economical description of the assigned country. In your description, you may discuss points such as the components of GDP, growth rate, interest and inflation figures, macroeconomic policies applied by government and Central Bank policies. You may also discuss primary drivers of the economy. For Japan, you may discuss that interest rates are almost zero as Central Bank tool and that Japan is a saving based economy etc.

Shortly, you are asked to offer a profile of the assigned countrys economical condition in various aspects.

2) You need to analyze BOP figures from both time series and cross sectional viewpoint. That is, in time series analysis, you need to examine the changes of a BOP item (for eg. Export) over the given years and report any significant changes over the years if there is any. If there is no significant change (you can use benchmark of more than 10-15% annual change as significant), you may report the following sentence as an example: The export figures of .... tend to be stable over the 2010-2022 period .

In cross sectional analysis, you need to analyze a single years BOP items. That is, for any year, you need to make a top to bottom analysis starting from export figures of each country. A sample cross sectional report may include such statements:

In 2021 USA experiences a ..... $ of trade deficit. However, including other items, overall Current Account deficit increases/decreases to...$. If there is a big gap between Trade Balance and Current Account Balance, you may need to explain why. 3) In your comments and interpretations, you might need to do some external research regarding that countrys general economical, financial as well as political conditions prevailing at the relevant time period. For example, BOP figures for Japan would have some interrelation with BOP figures for USA. For your research about countries, the main source to be used could be IMFs web page and country reports for the associated time periods. (www.imf.org). You may also use Central Bank web pages of the countries to get further information regarding a particular countrys economic policies and other relevant information. You can and might need to use some other sources such as World Bank and etc.

I am waiting for you to compare the bop data here with each other and prepare short comments, thank you very much in advance.