The citizens of Pioneerland, whose currency is the choo, conduct the following t

Question

The citizens of Pioneerland, whose currency is the choo, conduct the following transactions in 1995 in billions of $:
Imports of goods +$250 billion
Exports of goods +$300 billion
Borrowing to the rest of the world +$70 billion
Lending to the rest of the world ? Unknown
Official settlements accounts balance -$10 billion

What is the official settlements account balance, and does this country have a balance of payments deficit or surplus? Consider what is the value of the current account balance of payments along with amount of loans to the rest of the world?
What is the value of the capital account balance of payments?

I have the official settlements account balance at -$10 billion (as it's given), and put Exports - Imports to get $50 billion surplus. I am totally lost on how to get the capital account, loans to the rest of the world, and I have no clue how to calculate the value of the capital. I really appreciate your help in advance. Thanks!

Explanation / Answer

I don't know about the capital account but the loans to the rest of the world is simply x - borrowing = settlements. In this case it would be 60 because 60 - 70 = -10. The value of the current account balance of payments is exports - imports - borrowing + lending which in this case is 300 - 250 - 70 + 60 = 40 billion.

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