Given the following International Transactions

Amount

Transaction

(billions of dollars)

Current balance

0.5

Long term capital balance

-1.5

Short term private non liquid capital balance

-4

Short term private liquid capital balance

2

Errors and omissions

-2

Official settelments balance

-5

The official settelment balance financed by changes in:

Liabilities to foreign official holders balance 4

Official reserve assets balance 1

Total financingofficial settelements balane 5

Calculate the following:

The basic balance

The net liquidity balance

The official settlment account balance