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Use the information in the following table on Mexico's 1996 international transactions to answer the questions (amounts are U. dollar values in...

4. Use the information in the following table on Mexico's 1996 international transactions to answer the questions (amounts are U.S. dollar values in millions):

Merchandise imports $89,469

Merchandise exports $96,000

Services exports $10,901

Services imports $10,819

Investment income receipts $4,032

Investment income payments $17,099

Unilateral transfers $4,531 

a. What is the balance of trade of Mexico?

b. What is its current account?

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