a) The table below provides hypothetical data for a country's balance of payments. You can assume the balance on the capital account is zero. Account 1 3:07:30 Billions of Dollars Exports of Goods $1280 Imports of Goods $850 Exports of Services $320 Imports of Services $ 210 Income received on investment $120 Overseas medical aid -$90 Increase in foreign holdings of assets $1450 Increase in holdings of assets in foreign countries -$2010 Using the above data calculate the following: (8 marks) i. The balance of trade on goods and services ii. The balance on the current account iii. The balance on the financial account iv. Net errors and omissions (if any) b) State whether each of the following statements is true or false, and briefly explain why. (4 marks) P * in