Alpha's balance-of-payments data for 2010 are shown below. All figures are in billions of dollars.What are the (a) balance on goods , (b) balance on goods and services, (c) balance on current account, and (d) balance on capital and financial account? Suppose Alpha sol $10 billion of official reserves abroad to balance the capital and financial account with the current account.Does Alpha have a balance-of-payments deficit or does it have a surplus?
Good Exports 40
Good Imports -30
Service exports +15
Service imports -10
Net investment income -5
Net transfers +10
Balance on capital account 0
Foreign purchases of Alpha assets +20
Alpha purchases of assets abroad -40