Question: Please solve this question and comment on factors that explain why some countries run surpluses and others run deficits. 3. The data in Figure 1-3

Please solve this question and comment on factors that explain why

Please solve this question and comment on factors that explain why some countries run surpluses and others run deficits.

3. The data in Figure 1-3 end in the year 2011 Find the IMF's World Economic Outlook Databases. (Hint: Try searching "world eco- nomic outlook databases.") Use this interac- tive tool to obtain the latest data on current accounts in U.S. dollars for all countries (actual data or IMF estimates). Which countries had the 10 largest deficits last year? Which coun- tries had the 10 largest surpluses last year

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