Construct the balance of payment table for Germany for year 2018 which is comparable in format to Exhibit 3.1, and interpret the numerical data. You may consult International Financial Statistics published by IMF or search for useful websites for the data yourself.

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EXHIBIT 3.1 A Summary of the U.S. Balance of Payments for 2018 ($ billion) Current Account [1] Exports [1.1] Goods [1.2] Services [2] Imports [2.1] Goods [2.2] Services [3] Primary income [4] Secondary income Balance on current account [[1] + [2] + [3] + [4]] Capital Account Balance on capital account Financial Account [5] Direct investment [6] Portfolio investment [6.1] Equity securities [6.2] Debt securities [6.3] Derivatives, net [7] Other investment Balance on financial account [[5] + [6] + [7]] [8] Statistical discrepancies Overall balance Official Reserve Account Credits 2,500.7 1,672.3 828.4 1,060.4 140.6 9.4 9.4 267.1 340.3 147.2 172.8 20.3 213.8 524.5 4.9 Debits -3,122.9 -2,563.7 -559.2 -816.1 -251.2 -488.5 0 50.6 -210.4 -97.2 -113.2 -136.9 -40.5 -4.9