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please answere all the questions that are highlited The Balance of Payments 81 3. What is the current account balance in question 2? 4. If

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The Balance of Payments 81 3. What is the current account balance in question 2? 4. If a country has a current account deficit, will it be a net lender or borrower to the rest of the world? 5. Should the country be concerned about its current account deficit? Discuss. FURTHER READING e y e r Table 4.1 Foreign exchange market turnover Average daily turnover (billions of US dollars) Instrument 2001 2004 2007 2010 2013 2016 r r 11 12 13 14 profit 15 16 17 => => 18 19 20 21 22 Sheet1 The Balance of Payments 81 3. What is the current account balance in question 2? 4. If a country has a current account deficit, will it be a net lender or borrower to the rest of the world? 5. Should the country be concerned about its current account deficit? Discuss. FURTHER READING e y e r Table 4.1 Foreign exchange market turnover Average daily turnover (billions of US dollars) Instrument 2001 2004 2007 2010 2013 2016 r r 11 12 13 14 profit 15 16 17 => => 18 19 20 21 22 Sheet1

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