Current and capital account balance

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Reference no: EM1311389

The international transactions for the country Kyleland for a given year 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) What is the amount of loans from the rest of the world?

(ii) What is the current account balance?

(iii) What is the capital account balance?

(iv) What is the official settlements balance?

Reference no: EM1311389

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