The following data refers to the Balance of Payments of Federal Republic of Talomo for the Year 2008
Current Account:
Export of visible items
350
Import of visible items
230
Balance of trade
____ (a)
Receipts from banking and insurance
(5.5)
Tourism expenditure
10.0
Foreign Freight Charges
(7.0)
Receipts from air services
5.0
Services trade
____ (b)
Scholarship received by foreign students at local
2.5
university
____
Current Account Balance
(c)
Capital Account:
(5.2)
Corporate investment
9.2
Long-term investment
Long-term capital balance
____ (d)
Basic balance
4.0 (e)
Short term investment
1.0
Error and omission
____ (f)
Overall Balance deficit
____ (g)
Exchange reserve in Central Bank
Required: Determine the values of a b c d. e f and g. in the table above.