Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts:
Merchandise Exports = 600
Service Exports = 125
Net unilateral transfers = (50)
Domestic assets abroad (capital outflows) = (325)
Foreign assets at home (capital inflows) = 445
Changes in official reserves = 30
Merchandise imports = 720
Service imports = 105
I need to compute the following (please provide calculations):
1) Its current account balance is
2) This nation's balance of trade is
3) The nation's capital account balance is