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 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