In the first quarter of 2020 (2020Q1) in the United States, private consumption fell by $260.8 billion compared to its level in the previous quarter, 2019Q4. (All figures are in terms of constant 2012 dollars.) At the same time government expenditure went up by $5.9 billion, total investment declined by $48.4 billion, and GDP dropped by $234.1 billion. Based on the fundamental macroeconomic identity,

1. how much did the trade balance (net exports) change in 2020Q1 compared to 2019Q4?
2. if the budget deficit in 2020Q1 increased by $15.2 billion (in terms of constant 2012 dollars), by how much did private savings change?

1.1The decline in tax revenues and increased public expenditure due to the spread of COVID-19 are increasing the budget deficit in Turkey this year compared to last year. At the same time, Turkey has been running a large trade deficit and has to keep that deficit equal to its level last year. In this situation if the government wants to keep invest at the same level as last year, what should happen to the private savings in Turkey?

1.2Until 2019, India used to run trade deficits. This year, the spread of COVID-19 has reduced economic activity in the country and has led to a sharp drop in imports. This drop has been larger than the decline in India's exports, resulting in a small trade surplus this year. At the same time, the budget deficit of Indian government has widened, and private savings has remained unchanged, when compared to the past year. What must have happened to investment in India compared to last year?