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  3. suppose you have the following balance of payment

Suppose you have the following balance of payment account balances for a country (in millions...

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Finance

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Suppose you have the following balance of payment account balances for a country (in millions of dollars) Year 1 2 3 4 5 CA 85 95 115 125 150 FA -100 -105 -110 -115-125 For each year calculate the country's official reserve (OR) account balance and very briefly describe the expected behavior of the real value of its currency over the five-year period. Assume 'errors and omissions', and 'capital account balances = 0

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