Assume that the balance-of-payments accounts for a country are recorded correctly.

Balance on the current account = BCA = $130 billion

Balance on the capital/financial account = BKA = $86 billion

Balance on the reserves account = BRA =?

The balance on the reserves account (BRA), under the fixed exchange regime is

a.

none of the options.

b.

$44 billion

c.

$44 billion

d.

$216 billion