ces Examine the summary of the balance of payments of the United States for 2021. Compute and discuss the balance on the financial account and its subaccounts. A Summary of the U.S. Balance of Payments for 2021 (in $ billion) Current Account [1] Exports [1.1] Goods [1.2] Services [2] Imports [2.1] Goods [2.2] Services [3] Primary income [4] Secondary income Balance on current account [[1]+[2]+[3]+[4]] Capital Account Balance on capital account Financial Account

(excluding official reserves) [5] Direct investment [6] Portfolio investment [6.1] Equity securities [6.2] Debt securities [6.3] Derivatives, net [7] Other investment Balance on financial account [[5]+[6]+[7]] [8] Statistical discrepancies Overall balance. official Reserve Account Credits $2,607.0 1,688.0 919.0 1,229.9 229.2 1.5 407.2 323.9 -314.1 491.3 146.7 486.4 765.2 39.2 Debits -$3,419.7 -2,688.6 -731.1 -963.0 -391.9 -708.5 -17.0 -15.5 -192.2 13.5 233.4 -219.9 -273.6 -2.0 -39.2

Examine the summary of the balance of payments of the United States for 2021. Compute and discuss the balance on the financial account and its subaccounts. A Summary of the U.S. Balance of Payments for 2021 (in \$ billion) Required: a-1. Compute the balance on the U.S. direct investment. a-2. What does the balance on the U.S. direct investment you computed above mean? b-1. Compute the balance on the U.S. portfolio investment. b-2. What does the balance on the U.S. portfolio investment you computed above mean? c-1. Compute the balance on the U.S. financial account. c-2. What does the balance on the U.S. financial account you computed above mean? Complete this question by entering your answers in the tabs below. Compute the balatice on the U.S. direct investment. Notet Negative amounts should be indicated by a minus sign. Round your answer to 1 decimal places, Enter your answers in bililons of dollars (e.g- $4,000,000,000 would be entered as $4 ). Examine the summary of the balance of payments of the United States for 2021. Compute and discuss the balance on the financial account and its subaccounts. A Summary of the U.S. Balance of Payments for 2021 (in \$ billion) Required: a-1. Compute the balance on the U.S. direct investment. a-2. What does the balance on the U.S. direct investment you computed above mean? b-1. Compute the balance on the U.S. portfolio investment. b-2. What does the balance on the U.S. portfolio investment you computed above mean? c-1. Compute the balance on the U.S. financial account. c-2. What does the balance on the U.S. financial account you computed above mean? Complete this question by entering your answers in the tabs below. Compute the balatice on the U.S. direct investment. Notet Negative amounts should be indicated by a minus sign. Round your answer to 1 decimal places, Enter your answers in bililons of dollars (e.g- $4,000,000,000 would be entered as $4 )