4) The Agararian car exporter converted the Indonesian rupich they make to the Central Bank of Agararia, totally $40MAgararian dollars. (b) What is the current account balance? (c) What is the official settlements balance or the balance of payments?

4) The Agararian car exporter converted the Indonesian rupich they make to the Central Bank of Agararia, totally $40 Agararian dollars. (b) What is the current account balance? c) What is the official settlements balance or the balance of payments? 3. (12 points) (a) Suppose we want to construct the balance of payments accounts for an imaginary country. Agararia. There are four intemational economic activities involved with this country in year 2022. Please show the two offsetting bookkeeping entries in the Agararian balance of payments and specify which account does it enter. (All the value are in terms of the Agararian dollar.) 1) An Agararian export firm sold $50 million worth of cars to Indonesia. 2) An Agararian tourist group travel in Egypt and spent $6 million for their meals in the batel paying by their credit cards. 3) The U,K. carporation, BP paid $20 million of dividends to the Agararian stockhuldars. 4) The Agararian car exporter converted the Indonesian rupich they make to the Central Bank of Agararia, totally $404 gararian dollars. (b) What is the current account balance? (c) What is the official settlements balance or the balance of payments