Case Study Objectives:• Preparation of the complete balance of payments of Argentina for the previous year and a forecast for the following year.• Effects of devaluation on sales if it occurs in the Argentine economy.• Indebtedness Decision feasibility for M/s Jeans USA Results: The trade balance is in a healthy position, $4.691 billion and is likely to increase. Exports stand at $12.078 billion and are expected to increase to $13 billion, or 8%, next year. Imports are likely to remain constant. Foreign reserves are 10 billion dollarsBusiness prospects are excellent in ArgentinaBALANCE OF PAYMENTSCurrent account| |$ in billions ||Exports |12,078 ||Imports |-7,387 ||Trade balance |=+4.