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Thailand's International Transactions in millions of US dollars) 200 300 Exports of autos Exports of computer components Purchase of insurance from Lloyds of London Sale

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Thailand's International Transactions in millions of US dollars) 200 300 Exports of autos Exports of computer components Purchase of insurance from Lloyds of London Sale of Thai airlines tickets to foreigners Net new purchases of US treasuries Interest flows from US Treasury bills Foreign Direct Investment by Japanese Corporations in Thailand Repatriation of profits by Japanese corporations Thai Central Bank's purchases of US dollars Imports of Boeing aircraft by Thai Airlines Imports of food Calculate each of the following: i. Trade balance ii. Current account balance iii. Financial account balance iv. Capital account balance v. Balance of payments vi. Official Reserves Transactions From the current account situation, can you infer whether the Thai baht is overvalued or undervalued, relative to its market equilibrium? Based on your calculations in part a., what changes are implied in i. Thailand's international investment position. ii. Foreign exchange reserves of the Thai Central Bank. Thailand's International Transactions in millions of US dollars) 200 300 Exports of autos Exports of computer components Purchase of insurance from Lloyds of London Sale of Thai airlines tickets to foreigners Net new purchases of US treasuries Interest flows from US Treasury bills Foreign Direct Investment by Japanese Corporations in Thailand Repatriation of profits by Japanese corporations Thai Central Bank's purchases of US dollars Imports of Boeing aircraft by Thai Airlines Imports of food Calculate each of the following: i. Trade balance ii. Current account balance iii. Financial account balance iv. Capital account balance v. Balance of payments vi. Official Reserves Transactions From the current account situation, can you infer whether the Thai baht is overvalued or undervalued, relative to its market equilibrium? Based on your calculations in part a., what changes are implied in i. Thailand's international investment position. ii. Foreign exchange reserves of the Thai Central Bank

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