Please open the balance of payments for Brazil below and answer the following question: what was the financial account balance for Brazil in 2019? Was this a surplus or deficit? Brazil BOP -$50.9 billion; deficit O-$45.3 billion; deficit O-$41.5 billion; surplus -$27.4 billion; surplus . % Conditional Formatting Format as Table Cell Styles 4 LES Paste Font Alignment Number Cells Editing Ideas Sensitivity G12 fx G H A B D E F 1 Brazil BOP (Smillions) 2018 2019 2 A. Current account (excludes reserves and related items) 3 Goods, credit (exports) 239,537.04 225,820.57 4 Goods, debit (imports) 186,489.78 185,347.93 5 Services, credit (exports) 35,439.50 34,309.05 6 Services, debit (imports) 71,173.70 69,374.90 7 Primary income, credit 13,222.73 25,128.81 8 Primary income, debit 72,047.29 82,630.80 9 Secondary income, credit 4,775.79 5,120.60 10 Secondary income, debit 4,803.99 3,952.87 B. Capital account (excludes reserves and related items) 439.68 369.21 12 Capital account, credit 584.80 518.74 13 Capital account, debit 145.12 149.53 14 C Financial account (excludes reserves and related items) 15 Direct investment, assets 2.024.57 22,819.60 16 Direct Investment, liabilities 78,162.57 73,503.73 17 Portfolio Investment, assets 457.96 8,995.23 18 Portfolio investment, liabilities -6,402.71 -11,110.39 19 Financial derivatives other than reserves) and employees 2.753.45 1,673.43 20 Other investment, assets 9.861.78 -2,104.53 21 Other investment, abilities -11,312.64 -3,600.71 22 D. Net errors and omissions -1,312.17 -2.905.91 23 L. Reserves and related items 24 This data report uses the BOP Standard Presentation format as defined in the 6th Edition of the Balance of Payments Manual (BPM). 25 (-) indicates that a figure is zero 26 ) indicates a lack of statistical data that can be reported or calculated from underlying observations 27 indicates the splice point between official BPM-basis estimates and IMF converted BPMS-basis estimates 28 Data extracted from IMF Data Warehouse in 2020 29 30 31 32 33 34 Question 8 29 dtv MacBook All esc 900 80 F3 FI F2 F4 FS @ #