Question: The financial account may be divided into three categories Multiple Choice cross-border mergers and acquisitions, portfolio investment, and other investment. direct investment, portfolio investment, and

The financial account may be divided into three categories

Multiple Choice

  • cross-border mergers and acquisitions, portfolio investment, and other investment.

  • direct investment, portfolio investment, and cross-border mergers and acquisitions.

  • direct investment, mergers and acquisitions, and other investment.

  • direct investment, portfolio investment, and other investment.

Assume the following is Bahrain's Balance of Payments data:

Bahrain's Balance of Payments

BD. Millions

Balance of Current Account

-5381

Bahrain Portfolio investment abroad

2527

Net Error and Omission

176

foreign direct investment in Bahrain

3547

Bahrain purchases of foreign real estate assets

1953

Official Reserve

?

Foreign purchases of Bahrains real estate assets

6002

Find the value of the Official Reserve.

Official Reserve =

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