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What is the current account balance at the end of the year

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Reference no: EM131988777

Consumption = 400

Government Spending = 80

Gross National Expenditure = 630

National Savings = 315

Capital Gains on External Wealth = -11

Exports of financial Assets = 200

Imports of Financial Assets = 355

Net unilateral Transfers = 5

(Values are in millions)

A) What is the current account balance at the end of the year?

B) What is the financial account balance at the end of the year?

C) What is the change in external wealth during the year?

D) What is the capital account balance and the end of the year?

Please show your work.

Reference no: EM131988777

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