a) Briefly explain cross border payments. Within the balance of payments, are they current or financial account components? (5 marks) b) Remittances could become one of the significant contributors to the economy and overall balance of payments of a country. Discuss the impact(s) of cryptocurrencies on the overall balance of payment with TWO (2) countries as examples. (10 marks) c) The cost of remittances with the current payment system is high. Illustrate the use of alternative payment systems that can potentially reduce the cost of remittances with TWO (2) examples