a [5 points] Use equations to support your answer to this question. Do not forget to explain your reasoning. No credit without an explanation. To answer this question you only need the information provided here for Philippinm. Let TEHGDP and UAEG'DP be the trade balance and the current account as a fraction of GDP of Philippines. Suppose that in Hills, TBfGDP = 2.ll and GAIGDP = 113 and assume that in that year the net unilateral transfers and the net income from abroad of Philippines are different from zero. 1lilu'hich of the following options is the most plausible explanation to the fact that for that year the UAHGDP Z:- TBKGDP in Philippines?I [a] The trade balance decit was smaller than the current account surplus because of interest payments that the country made on its external debt, which caused the income balance to be negative. [b] the currentaccount decit was higher than the trade balance because of remittances re ceived from Filipinos working outside of Pbilippina. [c] The trade balance decit reects mainly Philippines' effort to pay income on its large external obligations. [d] Because the net unilateral transfers and the net income from abroad of Philippines are both negative