1. Use the following information to answer the questions below. Assume that the capital account is equal to zero.

Net unilateral transfers	-50
Exports of goods and services	500
Net increase in United States government's nonreserve foreign assets	30
Net increase in foreign ownership of United States based nonreserve assets	400
Net increase in U.S. private assets abroad	250
Invest income received in the U.S.	200
Net increase in U.S. ownership of official reserve assets	20
Imports of goods and services	600
Net increase in foreign ownership of U.S.-based reserve assets	100
Investment income paid abroad by the U.S.	300

1. Whatisthecurrent accountbalance? (show the 3 components)
2. What is the capital account balance (Financial + Capital)?
3. Doesthecapitalaccount equalthecurrent account?
4. What is the statistical discrepancy?