Consider the following information:

a) Calculate the value of the countrys goods and services balance, current account balance, and official settlements balance.

b) What is the value of the change in official reserve assets (net)? Is the country increasing or decreasing its net holdings of official reserve assets?

Merchandise exports Merchandise imports Service exports Service imports Income flows, net Unilateral transfers, net Increase in the country's holding of foreign assets, net (excluding official reserve assets) Increase in foreign holdings of the country's assets, net (excluding official reserve assets) Statistical discrepancy, net $330 198 196 204 3 -8 202 102 4