BOP= balance of payments

OSB= official settlements balance

CAB=current account balance

pFAB= autonomous financial account balance or private financial account balance

f

10. (12 points) Ignore the possibility that data collectors can't measure all international transactions, so assume casc compute whether the country has an "cconomic" BOP surplus or deficit and whether it is, in private (or "autonomous") terms, a net international lender or borrower. Then compute what the OSB must be and indicate whether it implies central bank buying or selling of the country's currency and what happens to the central bank's stock of foreign exchange reserves. CAB-+S55 billion; pFAB S47 billion. a. b. CAB +89 billion Euros; pFAB-100 billion Euros. c. CAB-350 billion yen; pFAB-+320 billion yen. 10. (12 points) Ignore the possibility that data collectors can't measure all international transactions, so assume casc compute whether the country has an "cconomic" BOP surplus or deficit and whether it is, in private (or "autonomous") terms, a net international lender or borrower. Then compute what the OSB must be and indicate whether it implies central bank buying or selling of the country's currency and what happens to the central bank's stock of foreign exchange reserves. CAB-+S55 billion; pFAB S47 billion. a. b. CAB +89 billion Euros; pFAB-100 billion Euros. c. CAB-350 billion yen; pFAB-+320 billion yen