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You can use whatever numbers you choose as long as it correlates to the statements Prepare a balance of payments for each of the



You can use whatever numbers you choose as long as it correlates to the statements Prepare a balance of payments for each of the following countries: Argentina has a current account deficit, financed entirely by private capital flows. Brazil has a current account deficit, financed 25% by a reduction in the central bank's holdings of official dollars. Chile has a current account surplus; and its government never enters the foreign exchange market for any type of intervention. Denmark has a capital account surplus. Estonia has a deficit on its Official Settlements Balance. . b. c. d. . France has been accumulating gold reserves all year by running a trade surplus. Guinea has a capital account surplus and a credit balance on its official reserve transaction f. g. account.

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