Based on the country's Balance of Payment information bellow, answer the following questions. To get maximum points, clearly show and explain your calculations/answers. 1. Compute the current account's balance. 2. Compute the financial account's balance. 3. Compute the overall balance and the balance on the officiall reserve account. 4. Is this country experiencing an overall balance of payment deficit or surplus? Current Account [1] Exports [1.1] Goods [1.2] Services [2] Imports [2.1] Goods [2.2] Services [3] Primary income [4] Secondary income Balance on current account Capital Account Balance on capital account Financial Account [5] Direct investment [6] Portfolio investment [7] Other investment Balance on financial account [8] Statistical discrepancies Overall balance Official Reserve Account Credits 2,079.07 1,732.52 346.55 248.32 82.96 72.21 44.44 56.32 Debits -1,793.99 -1,423.23 -370.76 -155.26 -136.31 -10.5 -134.94 -138.68 -45.89 -34.21

1. Compute the current accourts balarce. 2 Compute the finarial accourt's halance. 3. Compute the overall balance and the balance on the officil reserve account. 4. Is this country experiencing an overall balance of payment dehelt or surplus