Describe the current account balance the capital account

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Reference no: EM1345074

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

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

Organize the above data into the appropriate categories for the current and capital accounts; describe the current account balance, the capital account balance, and the official settlements account balance.

 

Reference no: EM1345074

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