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To answer this question, you must obtain data from the Bureau of Economic Analysis (BEA) atwww.bea.gov, on the U.S. Balance of Payments (BOP) table. Go to the interactive tables to obtainannual data for 2014 (the default setting is for quarterly data). It may take you some time tobecome familiar with how to navigate the website. Please only refer to Table 1.1 on BOPaccounting under International Transactions. Using the data, please compute the following:
a. Trade balance (TB), net factor income from abroad (NFIA), net unilateral transfers (NUT),and the current account (CA). Does these figures change between quarter 1 of 2014 andquarter 4 of 2015? (5 points)
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