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Two countries reported the following Balance of Payments related figures in Millions Euros Country A Country B Portfolio Investments 750 6500 Exports Goods 16250 8250

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Two countries reported the following Balance of Payments related figures in Millions Euros Country A Country B Portfolio Investments 750 6500 Exports Goods 16250 8250 Current Transfers 275 -550 Service Exports 9250 4000 Income 340 280 Foreign Direct 1750 4250 Investment Imports Goods -6900 - 12500 Other Investments 325 5750 Service Imports 4250 6250 Capital Account 0 0 Net Errors & 0 0 Omissions 1. CALCULATE for both countries and write only your final answer Balance of Trade Current Account Balance Capital & Financial Account Balance Balance of Payments 2. From current account point of view which country is better off? 3. From Balance of payments point of view which country is better off? 4. If we assume that Country Ahad reserve assets of 22.000 in the previous year calculate what will be its reserve assets by end of the current year

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