7) Assume the following is Bahrain's Balance of Payments data for the year December 2002 (4...

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7) Assume the following is Bahrain's Balance of Payments data for the year December 2002 (4 marks) Bahrain's Balance of Payments December 2002 BD. M Exports of goods Imports of services Net Current Transfers Exports of services Imports of goods balance of income (net) Balance of Current Account b) c) 20542 Bahrain Portfolio investment abroad d) 7026 ? Net Error and Omission foreign direct investment in Bahrain 19176 Bahrain purchases of foreign real estate -6709 Foreign purchases of Bahrain's real estate -3794 Official Reserve 6564 BD. M 2514 ? 200 3500 a) Refer to the above Table answer the following question: calculate Bahrain's Net Current Transfers 1500 4500 Refer to the above Table answer the following question: calculate Bahrain's Financial Account Refer to the above Table answer the following question: calculate Bahrain's capital account Refer to the above Table answer the following question: calculate Bahrain's Official Reserve 7) Assume the following is Bahrain's Balance of Payments data for the year December 2002 (4 marks) Bahrain's Balance of Payments December 2002 BD. M Exports of goods Imports of services Net Current Transfers Exports of services Imports of goods balance of income (net) Balance of Current Account b) c) 20542 Bahrain Portfolio investment abroad d) 7026 ? Net Error and Omission foreign direct investment in Bahrain 19176 Bahrain purchases of foreign real estate -6709 Foreign purchases of Bahrain's real estate -3794 Official Reserve 6564 BD. M 2514 ? 200 3500 a) Refer to the above Table answer the following question: calculate Bahrain's Net Current Transfers 1500 4500 Refer to the above Table answer the following question: calculate Bahrain's Financial Account Refer to the above Table answer the following question: calculate Bahrain's capital account Refer to the above Table answer the following question: calculate Bahrain's Official Reserve

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a Net Current Transfers Net Current Transfers is the sum of all current transfers to and from Bahrain Current transfers are transfers of money that are made without any exchange of goods or services I... View the full answer