Use the following information to answer the next three questions. Transactions between New Zealand and the rest...

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Finance

Use the following information to answer the next threequestions.

Transactions between New Zealand and the rest of the world in2018 are shown below.

New Zealand companies bought NZ$40 million worth of steel fromUS companies.

New Zealand's central bank sold NZ$25 million of treasury bondsto foreign investors.

New Zealand investors received NZ$2 million in interest paymentsfrom foreign investments.

New Zealand citizens purchased NZ$11 million worth of computersproduced in Japan.

Americans spent NZ$20 million touring New Zealand.

JKL (New Zealand firm) purchased NZ$4 million in stock issued bya Brazilian firm.

The New Zealand central bank sold NZ$8 million worth of USdollars.

1.Find the capital account balance in terms of millions of NewZealand dollars.

a.29/ b.21 /c.23 /d.none of the above

QUESTION 5 Find the balance of trade in terms of millions of NewZealand dollars. Do not use currency symbols or words when enteringyour response.

QUESTION 6 Find the current account balance in terms of millionsof New Zealand dollars.

a.-33 b.-31 c.-29 -d.21

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Use the following information to answer the next threequestions.Transactions between New Zealand and the rest of the world in2018 are shown below.New Zealand companies bought NZ$40 million worth of steel fromUS companies.New Zealand's central bank sold NZ$25 million of treasury bondsto foreign investors.New Zealand investors received NZ$2 million in interest paymentsfrom foreign investments.New Zealand citizens purchased NZ$11 million worth of computersproduced in Japan.Americans spent NZ$20 million touring New Zealand.JKL (New Zealand firm) purchased NZ$4 million in stock issued bya Brazilian firm.The New Zealand central bank sold NZ$8 million worth of USdollars.1.Find the capital account balance in terms of millions of NewZealand dollars.a.29/ b.21 /c.23 /d.none of the aboveQUESTION 5 Find the balance of trade in terms of millions of NewZealand dollars. Do not use currency symbols or words when enteringyour response.QUESTION 6 Find the current account balance in terms of millionsof New Zealand dollars.a.-33 b.-31 c.-29 -d.21

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