Suggestedanswerstoquestionsandproblems(inthetextbook)Chapter22. Disagree,—thecountryisproducinggoodsandservicesthatareexported,——itisbuildingupitsclaimsonforeigners,,,,. (apositivevalue)foritsofficialsettlementsbalance,thenthevalueforitsofficialreservesbalancemustbeanegativevalueofthesameamount(sothatthetwoaddtozero).,. (credit)itemforofficialreserveassetsandanegative(debit)(whilethecredititemisrecorded"belowtheline,"permittingtheofficialsettlementsbalancetobeindeficit).Allothertransactionsinvolvedebitandcredititemsbothofwhichareincludedintheofficialsettlementsbalance,sothattheydonotdirectlycontributetoadeficit(orsurplus). Merchandisetradebalance:$330-198=$132 Goodsandservicesbalance:$330-198+196-204=$12
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