*The following question is an economics 2 question. I am asked to set out the balance of payments accounts for Shortland by using the information in...

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*The following question is an economics 2 question. I am asked to set out the balance of payments accounts for Shortland by using the information in the table. I have done this so far but am unsure if i've done it right and how to do the reserve asset accounts*Balance of payments Question: The citizens of Shortland, whose currency is the squat, conducted the following transactions in 2005/06:QUESTION: Set out the balance of payments accounts for Shortland.i. Current account CAB = NX + NI + NT= 40 + (42 - 62) = 40 + 20= 60 billion squat ii. Capital accountKAB = (NI + NT) + Imports pf goods and services - Exports of goods and services = 20 + 50 - 40 = 30 billion squatiii. Reserve assets accountRecords the change in Australia's official reserves, which include: 

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*The following question is an economics 2 question. I am asked to set out the balance of payments accounts for Shortland by using the information in...

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Oct 17, 2019

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