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Some questions are on photos. Thank you! Balance of Payments Amounts ($ billions) Components Merchandise Exports +137 Merchandise Imports -128 Service Exports +20 Service Imports

Some questions are on photos. Thank you!

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Balance of Payments Amounts ($ billions) Components Merchandise Exports +137 Merchandise Imports -128 Service Exports +20 Service Imports -26 Investment Income -18 Transfers +4 Other Financial -3 Investments Portfolio and Direct +12 Investments Capital Account Flows +11 Changes in Official -9 Reserves From the data in the table above it is clear that the country to which it applies had a (a) merchandise trade surplus, a service trade deficit, a current account deficit, a capital and financial account surplus and a balance of payment surplus amounting to $9 billion Ob) none of these ( a balance of trade deficit of $3 billion, a current account surplus of $11 billion, a capital and financial account deficit of $20 billion and a balance of payments deficit of $9 billion (d) merchandise trade deficit, a service trade deficit, a current account deficit, a capital and financial account deficit and a balance of payments deficit of $9 billionCountry Pork Output Beans Output (tonnes per worker) (tonnes per worker) Violinia 20 Trombonia 8 24 Note: Violina has a workforce of 14. Trombonia's workforce is 10. If the two countries in the table above specialize in line with the principle of comparative advantage ( a) Trombonia will produce beans and pork while Violinia will produce neither (Ob) Trombonia will produce beans while Violoinia will produce pork O d there will be no trade between these countries O d) Violinia will produce beans while Trombonia will produce pork O e) Violinia will produce beans and pork while Trombonia will produce neither

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