Determine the current account balance

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Q. Consider Republic of Netflex's Balance of Payments in 2009:

Foreign investment into Netflex + 22
Imports of goods as well as services - 378
Netflex investment abroad - 35
Exports of goods as well as services + 411
Net transfers + 3
Statistical discrepancy + 10
Net interest payments - 34

Organize the above data into the appropriate categories for the current as well as capital accounts; determine the current account balance, the capital account balance, as well as the official settlements account balance.

Reference no: EM137483

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