Table 1 Major Components $NZ million Quarter ended December 20XX Balance on services 365 Capital account inflow 523 Capital account outflow 176 Exports 7 449 Imports 8,046 Balance on Income -1869 New Zealand investment overseas -177 Inflow of current transfers 416 Outflow of current transfers 207 b. Describe the effect of a depreciating dollar on the following components of the NZ Current Account. (i) Exports (ii) Foreign investment in NZ. c. Identify two different reasons for a decrease in demand for the New Zealand Dollar