I need help in questions a-c

Question 1 2001, the economy of the United Kingdom exported goods worth f192 billion and services worth another f77 billion. It imported goods worth f225 billion and services worth f66 billion. Receipts of income from abroad were f140 billion while income payments going abroad were f131 billion. Government transfers from the United Kingdom to the rest of the world were E23 billion, while various U.K government agencies received payments of f16 billion from the rest of the world. a) Calculate the U.K. merchandise trade deficit for 2001. Merchandise trade deficit=225-192=33 billion b) Calculate the current account balance for 2001. -20 billion c) Explain how you decided whether payments on foreign investment and government transfers counted on the positive or the negative side of the current account balance for the United Kingdom in 2001. Both payment on foreign investment in government transfers are and outflow from the United Kingdom, so they have a negative effect on current account balance