Country X follows a dirty floating exchange rate policy. During year 2022 the growth rate of the economy was -5%. Look at the balance sheet of the Central Bank of country X at the beginning and the end of 2022 and answer the following questions. a. Has the CB been active in the forex markets? b. Have they tried to appreciate or depreciate the local currency? C. Which could be the impact of the intervention on the trade balance of the country? d. Has the intervention been sterilized? How? Do you think this is a correct policy? CB of country X Assets Official international reserves Government bonds Loans to domestic financial institutions Liabilities Currency in circulation Official deposits of financial institutions at the CB 1st January 1st January 2022 2023 20 10 70 10 90 15 10 70 9.5 86.5