Assignment 1: LASA 2: International TradeVisit the U.S. Government Web site: http://www.export.gov/tradedata/index.aspBased on the data provided create a report in Microsoft Word discussing the trade balance between China and the U.S. for the most recent five year period. In your discussion include an analysis of the effect of such trade balance on the economies of China and the U.S. both individually and comparatively. Justify your discussion and analysis by using appropriate examples and references. Include in your report an analysis of the impact on the U.S. economy of the situation where China holds such a large amount of the U.S. debt.By Saturday September 7 2013 submit your responses to the M5: Assignment 1 Dropbox.Illustrated the trend over this period with a graph of the data. Cited the source. (8 points)Discussed the issues concerns and ramifications of the trade balance on China s economy.(20 points)Discussed the issues concerns and ramifications of the trade balance on the U.S. economy. (20 Points)Compared the impact of trade balance between China and the U.S. for this period. (20 Points)Used appropriate terminology (4 Points)Discussed the ability of the U.S. to sustain growth and development. (20 Points)Justified these conclusions with appropriate data and other resources.(20 Points)Used appropriate terminology. (2 Points)Usage and Mechanics (16 points): Grammar Spelling and Sentence structureAPA Elements (20 points): Attribution Paraphrasing and QuotationsStyle (8 points): Audience and Word ChoiceFor assistance with any problems you may have when completing this assignment OR to offer your assistance to classmates please use theProblems and Solutions Discussion area located through the left side navigation link.