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You are given the following data on a country's transactions with the rest of the world: Loans received from abroad Direct investment made abroad
You are given the following data on a country's transactions with the rest of the world: Loans received from abroad Direct investment made abroad Imports of commodities Exports of services Interest payments received from abroad Exports of commodities Portfolio investment made abroad Dividends received from abroad Imports of services Interest payments to foreigners Portfolio investment received from abroad Transfers paid to foreign countries Dividends paid to foreigners Direct investment received from abroad Transfers received from abroad Loans granted to foreign countries (millions of $) 90 50 680 120 80 700 60 30 180 20 170 40 35 250 25 15 On the basis of data presented above, a) Prepare the country's balance of payments in a document form; b) Find the trade balance; c) Find the current account balance; d) Find the balance of capital and finance account; e) Assuming that there are no statistical errors or omissions, find the change in reserve assets of the central bank. T
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