The International Monetary Fund was developed after World War II as an institution to maintain
Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts:
|
Merchandise exports |
500 |
|
Service exports |
75 |
|
Net unilateral transfers |
10 |
|
Domestic assets abroad (capital outflows) |
-200 |
|
Foreign assets at home (capital inflows) |
300 |
|
Changes in official reserves |
-35 |
|
Merchandise imports |
600 |
|
Service imports |
50 |
What are this nation’s balance of trade, current account balance, and capital account balance?
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