Question:

Calculating a country's foreign reserves?

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if a country has a current account deficit of 120 billion $USD, the non-reserve acct has a surplus of 80 billion $USD, and the capital account has a supposed balance of 0, how do I calculate what the change of the foreign reserves is? I don't need a direct answer, just some direction on how to do it...thanks.

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  1. Sounds right to me, unless it's a trick question.

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