Transcribed Image Text
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 interestpayments from 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 issuedby a Brazilian firm.The New Zealand central bank sold NZ$8 million worth of USdollars.Find the capital account balance in terms of millions of NewZealand dollars.Find the balance of trade in terms of millions of New Zealanddollars. Do not use currency symbols or words when entering yourresponse.Find the current account balance in terms of millions of NewZealand dollars.