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Question 18M.3.HL.TZ0.3g.ii

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Date May 2018 Marks available [Maximum mark: 1] Reference code 18M.3.HL.TZ0.3g.ii
Level HL Paper 3 Time zone TZ0
Command term Calculate Question number g.ii Adapted from N/A
g.ii.
[Maximum mark: 1]
18M.3.HL.TZ0.3g.ii

Table 5 provides information relating to the Balance of Payments for Urbania for 2017.

Table 5 

Urbania has a current account deficit of $125 million in 2017.

(g.ii)

Using your answer to part (g)(i), calculate the value of W (reserve assets) in Table 5.

[1]

Markscheme

Net portfolio + net direct + W = financial account

285 − 196 + W = 108

W = $19 million 

OFR applies.

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