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Question 1 The following Table 1 is the balance of payment for Malaysia in the year 2019. RM (million) 95,750 98,230 93 350 750 Table
Question 1 The following Table 1 is the balance of payment for Malaysia in the year 2019. RM (million) 95,750 98,230 93 350 750 Table 1 Items Exports of goods Import of goods Transportation Nett transfer Errors and omissions Official long-term capital (net) Freight and insurance Other Services Travel Investment Income Corporate investment (nett) Private short-term capital (nett) (Source: Department of Statistics Malaysia) 630 -4,255 1,550 655 -5,525 9,200 3,215 Based from the Table 1, calculate the following: a. Service account balance. b. Balance in current account. c. Capital account balance. d. Overall balance
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