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You are given the following information about a countrys international transactions during a year: Merchandise exports $330 Merchandise imports 198 Service exports 196 Service imports

You are given the following information about a countrys international transactions during a year:

Merchandise exports

$330

Merchandise imports

198

Service exports

196

Service imports

204

Income flows, net

3

Unilateral transfers, net

-8

Increase in the countrys holding of foreign assets, net

202

Increase in foreign holdings of the countrys assets, net

102

Statistical discrepancy, net

4

a. Calculate the values of the countrys current account balance

b. Calculate the values of the countrys overall balance

c. What is the value of the change in official reserve assets?

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