Compute current also capital account balance.
The international transactions for the country Kyle land for a given yr are reported in the table below.
|
Transaction
|
Amount (billions of dollars)
|
|
Exports of goods & services
|
100
|
|
Imports of goods & services
|
130
|
|
Transfers to the rest of the world
|
20
|
|
Loans to the rest of the world
|
60
|
|
Loans from the rest of the world
|
0
|
|
Increases in official reserves
|
10
|
|
Net interest payments
|
0
|
(i) Illustrate what is the amount of loans from the rest of the world?
(ii) Illustrate what is the current account balance?
(iii) Illustrate what is the capital account balance?
(iv) Illustrate what is the official settlements balance?