Does Finland’s BOP Balance?

Use the following balance of payments data for Finland from the IMF to answer Problems 3.15–3.19.

Assumptions (million US$) 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 A. Current account balance 5,712.8 4,407.4 2,792.4 -4,797.2 -5,900.8 -5,238.7 -4,331.1 -1,682.6 -1,788.0 -1,742.5 -4,466.5 B. Capital account balance 272.1 227.0 234.2 264.3 264.8 308.2 247.2 174.2 271.9 201.8 217.4 C. Financial account balance -6,407.0 -9,140.6 6,482.2 -11,918.9 -22,841.6 -10,428.3 -10,803.4 -7,652.0 -14,573.7 -10,658.4 -11,996.1 D. Net errors and omissions -12,151.1 -11,259.8 1,337.7 -6,870.6 -16,518.3 -4,446.2 -7,003.6 -6,271.8 -12,402.5 -9,550.8 -7,815.1 E. Reserves and related items 238.4 2,516.3 -2,118.0 515.7 687.5 1,051.6 -284.1 -129.4 658.5 -430.7 -72.8