The country of Ecotopia records the transactions in the table.

Calculate the current account balance, the capital and financial account balance, the official settlements account balance, and imports of goods and services.

  

>>> Record a negative balance with a minus sign. Do not record a positive balance with a plus sign.

The current account balance is 

$enter your response here

billion. 

The capital and financial account balance is 

$enter your response here

billion.

The official settlements account balance $enter your response here billion Imports of goods and services are  $enter your response here billion.

.....

Item	(billions of dollars)
Exports of goods and services	1,950
Interest paid to the rest of the world	500
Interest received from the rest of the world	450
Increase in Ecotopian official reserves	10
Government sector balance	−200
Saving	1,800
Investment	1,900
Net transfers	0

Answer rating: 100% (QA)

To calculate the various balances and imports of goods and services well use the formula Current Acc... View the full answer