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1. Put the data in the correct categories and set up the current account (figures are in billion USD): - Imports: $3,853 Exports: $5,672 .

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1. Put the data in the correct categories and set up the current account (figures are in billion USD): - Imports: $3,853 Exports: $5,672 . Unilateral transfers in: $11 . Unilateral transfers out: $25 " Income receipts: $782 Income payments: 935 o Calculate the balance of trade. Is there a trade surplus or deficit? o Calculate the current account balance. Is there a current account surplus or deficit

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