Using the following data for a year, calculate for the balance of payments:
Item Value Rise in country’s private financial assets abroad 619
Imports of merchandise 592
Investment income receipts 63
Investment income payments 37
Transfers, net 45
Exports of services 368
Rise in foreign private financial assets in the country 307
Exports of merchandise 625
Rise in foreign governments’ financial assets in the country 326
Imports of services 299
Rise in country government’s financial assets abroad 194
(a) The current account balance.
(b) The financial account balance.