You are given the following information about a country’s international transactions during a year: Item Value ($ millions) Exports 526 Imports 402 Net Income from Foreigners 3 Net Unilateral Transfers -8 Net Increase in the Country's Holding of Foreign Assets (excluding official reserves) 202 Net Increase in Foreign Holdings of the Country's Assets (excluding official reserves) 102 Net Statistical Discrepancy 4.
a. Please calculate the country’s net exports.
b. Please calculate the country’s current account balance.
c. Please calculate the country’s official settlements balance.
d. What is the value of the net change in official reserves assets? Is the country increasing or decreasing its net holdings of official reserve assets?