Balance of Payments The balance of payments between the U.S. and China is watched closely by corporations and investors. What are some of the effects of shifts in the U.S.-China balance of payments on the world economy? What is one example of a real-world industry, product, or corporation that is impacted by changes in the U.S.-China balance of payments? What policies might the U.S. and China be able to implement to improve the world economy in regards to the balance of payments? What role might forward markets play in these policies? Justify your position through a thoughtful discussion that draws upon the readings and lectures for this week. In addition, you should seek out a timely and relevant external information source, such as an article from a reputable news provider like The Wall Street Journal or The Financial Times.