Can any smart person out there help me out with these questions?

Paran Island and Jaran Island each buys goods from each other. Paran Island has an adverse trade balance with Jaran Island.

(1) outline three reasons why Paran Island might purchase goods from Jaran Island

(ii) List and explain two areas of the balance of payments account

(iii) List and discuss four reason why Paran Island should be concerned about its balance of trade with jaran Island.

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Answer:
Jaran has raw materials that Paran does not have.
Jaran has more laborers who are willing to work for less money than Paran.
Jaran has more ships to transport the goods; so it is cheaper for them to transport.

More money flowing out from Jaran gives the consumers more goods to choose from; but the balance of payments is out-of-balance. More money going out than coming in.