PLEASE READ BEFORE START, IM SENDING THIS QUESTION 3 TIMES AND I WANT TO GET ONLY REAL ANSWER. BOT DATA GIVEN UNDER THE TEXT IS UK - UNITED KINGDOM BALANCE OF PAYMENT DATA NOT USA. PLEASE DO IT FOR UNITED KINGDOM. EVERYONE DOING FOR USA AND IT IS NOT SUITIABLE FOR ME. THANKS.

1) Before getting into BOP analysis, you need to provide a brief economical description of the assigned country. In your description, you may discuss points such as the components of GDP, growth rate, interest and inflation figures, macroeconomic policies applied by government and Central Bank policies. You may also discuss primary drivers of the economy. For Japan, you may discuss that interest rates are almost zero as Central Bank tool and that Japan is a saving based economy etc.

Shortly, you are asked to offer a profile of the assigned countrys economical condition in various aspects.

2) You need to analyze BOP figures from both time series and cross sectional viewpoint. That is, in time series analysis, you need to examine the changes of a BOP item (for eg. Export) over the given years and report any significant changes over the years if there is any. If there is no significant change (you can use benchmark of more than 10-15% annual change as significant), you may report the following sentence as an example: The export figures of .... tend to be stable over the 2010-2022 period .

In cross sectional analysis, you need to analyze a single years BOP items. That is, for any year, you need to make a top to bottom analysis starting from export figures of each country. A sample cross sectional report may include such statements:

In 2021 USA experiences a ..... $ of trade deficit. However, including other items, overall Current Account deficit increases/decreases to...$. If there is a big gap between Trade Balance and Current Account Balance, you may need to explain why. 3) In your comments and interpretations, you might need to do some external research regarding that countrys general economical, financial as well as political conditions prevailing at the relevant time period. For example, BOP figures for Japan would have some interrelation with BOP figures for USA. For your research about countries, the main source to be used could be IMFs web page and country reports for the associated time periods. (www.imf.org). You may also use Central Bank web pages of the countries to get further information regarding a particular countrys economic policies and other relevant information. You can and might need to use some other sources such as World Bank and etc.

Attachments: In addition to your written report, each group is required to make a presentation of this research in the determined date in the syllabus. Additionally, you need to attach a copy of the BOP figures for UNITED KINGDOM

Important Points:

The report must be written in Times New Roman, 12 pt. and 1.5 line space and justified format. The minimum page for the report must be 5 without the references. You are required to add the references at the end of the report. You need to prove your contribution to the project by using your own words or sentences in addition to the citations or references you have used to write the project.

As a very important notice, in preparing the term project, you can use various suggested websites for references purposes but you definitely cannot copy and paste the content of these websites in your term projects. You need to contribute with your own wording in these projects. Even if you decide to use the same phrase from the website, you need to show in the quotation marks (). Any project that violates these general rules will be treated as plagiarism and will be penalized accordingly.

UNITED KINGDOM BOP DATA GIVEN