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please use the following data to find the balance of payments (BOP) and specify if each component in the table is negative or positive

Source: Bureau of economic analysis Current Account SMillions Exports of goods, services, and income receipts (credits) $3,178,744 Goods 1,592,784 Services 687,410 Primary income receipts 780,120 118429 Secondary income receipts Imports of goods, services, and income (debits) 3.578,998 Goods 2.294,453 Services 462,134 Primary income payments 580,446 24195 Secondary income payments Capital Account Capital transfer receipts Capital transfer debits 412 Financial Account Net U.S. acquisition of financial assets 644763 1017699 Net U.S. Incurrence of liabilities Net financial derivatives 2248 Statistical discrepancy 30008 Questions - 1- Calculate the Balance of Trade and Balance of payment. 2-Explain and analyze the BOP Statement, then answer the following questions: A) What is BOP? What are the main components of BOP? B) Identify the Causes of BOP Imbalance if any? c) What does it mean to have a surplus or a deficit in the Balance of Payments? Suggest the strategies to overcome trade deficits? D) How appreciation & depreciation of country currency impact the economic growth of country? E) Explain the Relevance of Balance of Payment to the Multinational Corporation in decision making

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