Tables 1 and 2 are related with the capital flows to hypothetical emerging market countries Bonasia and Ronasia. a) Recalling the Emerging Asia, Emerging Europe, Latin America and Africa and Middle East classification, indicate which table (country) highly similar is to the aforementioned country groups and explain why. b) For the countries, describe developments in terms of the relationship among reserves, capital in(out)flows excluding reserves, net and current account balance in 2014 and 2015 (expected) (16 points) Capital Flows $ billion Tables 1: Bonasia 2: Ronasia 2014 2015 2014 2015 Total Inflows, Net 103 88 621 193 Private Inflows, Net 98 80 615 187 Equity Investment, Net 53 45 445 380 Direct Investment, Net 40 35 375 365 Portfolio Investment, Net 13 10 70 15 Private Creditors, Net 45 35 170 -193 Commercial Banks, Net 28 25 - 166 Nonbanks, Net 17 10 100 -27 Official Flows, Net 5 8 6 6 International Fin. Inst. 1 3 4 4 Bilateral Creditors 4 5 2 2 Capital Outflows -168 Private Outflows, Net -150 Equity Inv., Abroad, Net - 65 Resident Lend., Other, - 85 Net 28 -803 -165 -610 -219 - 120 -391 -545 -750 -250 -500 45 205 18 -47 137-193 - 77 -557 Reserves(-Increase) Capital In(Out)flows, excluding Reserves, Net Current Account Balance 65 60 182 352 Tables 1 and 2 are related with the capital flows to hypothetical emerging market countries Bonasia and Ronasia. a) Recalling the Emerging Asia, Emerging Europe, Latin America and Africa and Middle East classification, indicate which table (country) highly similar is to the aforementioned country groups and explain why. b) For the countries, describe developments in terms of the relationship among reserves, capital in(out)flows excluding reserves, net and current account balance in 2014 and 2015 (expected) (16 points) Capital Flows $ billion Tables 1: Bonasia 2: Ronasia 2014 2015 2014 2015 Total Inflows, Net 103 88 621 193 Private Inflows, Net 98 80 615 187 Equity Investment, Net 53 45 445 380 Direct Investment, Net 40 35 375 365 Portfolio Investment, Net 13 10 70 15 Private Creditors, Net 45 35 170 -193 Commercial Banks, Net 28 25 - 166 Nonbanks, Net 17 10 100 -27 Official Flows, Net 5 8 6 6 International Fin. Inst. 1 3 4 4 Bilateral Creditors 4 5 2 2 Capital Outflows -168 Private Outflows, Net -150 Equity Inv., Abroad, Net - 65 Resident Lend., Other, - 85 Net 28 -803 -165 -610 -219 - 120 -391 -545 -750 -250 -500 45 205 18 -47 137-193 - 77 -557 Reserves(-Increase) Capital In(Out)flows, excluding Reserves, Net Current Account Balance 65 60 182 352