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Consider the following Balance of Payments information for the private sector (above the line). If the central bank had $100,000 of international reserves, what would
Consider the following Balance of Payments information for the private sector ("above the line"). If the central bank had $100,000 of international reserves, what would be their new international reserves after they balance the BOP? Private Sector Total Export a car S 43,000 Import a machine S 65,000 Net Exports $ (22,000) Sell a domestic apartment to foreigners S 39,000 Buy a foreign stock from foreigners S 5,000 Total Private Capital Flows 34,000 Total "above the line" Private Sector 82,000 $ 70,000 $ 12,000
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