3

(3) You are given the following information about a country's international transactions during a year: \begin{tabular}{lr} Merchandise exports & $330 \\ Merchandise imports & 198 \\ Service exports & 196 \\ Service imports & 204 \\ Income flows, net & 3 \\ Unilateral transfers, net & 8 \\ Increase in the country's holding of foreign assets, net & 202 \\ Increase in foreign holdings of the country's assets, net & 102 \\ Statistical discrepancy, net & 4 \\ \hline \end{tabular} a. Calculate the values of the country's current account balance b. Calculate the values of the country's overall balance c. What is the value of the change in official reserve assets