use this website ( https://data.imf.org/?sk=7A51304B-6426-40C0-83DD-CA473CA1FD52&sId=1542635306163) and select Philippines for the country. Then , answer the following
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use this website ( https://data.imf.org/?sk=7A51304B-6426-40C0-83DD-CA473CA1FD52&sId=1542635306163) and select "Philippines " for the country. Then , answer the following questions.
In a discussion forum post,
- Report your selected country's BOP. Be sure to report the current account, capital account, and financial account for the most recent quarter or year.
- Explain why the country might have a deficit or surplus.
- Explain the main implications for a country having a persistent deficit on the current account of its BOP.
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