Use the data below to calculate the quarterly:

i. The balance of trade on goods and services

ii. The current account balance
iii. The balance on the financial account
iv. Net errors and omissions for the Balance of Payments

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Accounts Imports of goods Exports of services Capital Inflows Income payments on Investments Overseas food aid Income received on Investments Capital Outflows Imports of services Exports of goods $m -106,422 2,305 47,150 -45,565 -974 21,614 -65,451 -7,720 154,992 Accounts Imports of goods Exports of services Capital Inflows Income payments on Investments Overseas food aid Income received on Investments Capital Outflows Imports of services Exports of goods $m -106,422 2,305 47,150 -45,565 -974 21,614 -65,451 -7,720 154,992

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To calculate the various components of the balance of payments for a specific quarter you can use th... View the full answer