9.) Social sezounting ad aba trade “Table 99 Type! balers at payments account $ million (negative figures are in brackets) Visible exports 1350 Visible impores (1500) Balance of trade (150) Invisible exports 00 Invisible imports (760) Invisible balance 40 Current account balance Capital account (50) Toral currency flow (160) Offical financings Fallin reserves 40 Borrowing from 120 IMF Toial official 160 financing I have tobe repaid one day and will bean outlaw of foreign ~ borrowing foreign ‘example those with balance nee a alance ry's foreign currency reserves ~ these ip during periods of cur Notes Inflow of foreign currency Outflow of foreign currency ‘This is abalance of trade deficit le of services ‘Outflow from purchase of services Balance of payments current account deficit, westment outflows greater than re deficit is financed ‘The balance of payments account now balances i i i i j i i { i 1