3. BOP of China Use the following Chinese (Mainland) balance of payments data from the IMF China's (Mainland) BOP Assumptions (million US Current account balance (CA Financial and Capital account balance (FA) Net errors and omissions Reserves and related items 2010 2011 2012 2013 237,810136,097 215,392182,807 286,864265,470-31,766326,203 13,768-87,07177,628 96,555 431,382 53,016 471,658 387,799 Questions (a) Did China experience Current Account surplus or deficit for each of four years 2010-2013? 2013? 2010-2013? (b) Did China experiencing a net capital inflow or outflow for each of four years 2010- (c) Did Chinese central bank buy or sell the Chinese currency for each of four years (d) Did the Balance of Payments identity hold for each of four years 2010-2013? Show numerically whether it did or not hold for every year