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2. The table below shows Kenya's international transactions over the past year. Use it to answer the following questions (amounts are in millions of US.
2. The table below shows Kenya's international transactions over the past year. Use it to answer the following questions (amounts are in millions of US. Dollars). Transactions Amount Merchandise Imports $147,871 Merchandise Exports $81,959 Direct investment abroad $1,999 Incoming unilateral transfers $23,041 Services Exports $51,406 Services Imports $38,073 Income payments $10,344 Outgoing unilateral transfers $4,922 Income receipts $12,018 Incoming foreign direct investment $50,920 i) Did Kenya run a CAB decit or a CAB surplus? ii) Some commentators in Kenya are worried that their country is running current ac count decit. Given what you have learned in this country, what response can you give them
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