a.A California computer manufacturer purchases a $50 hard disk from a Malaysian company, paying the funds from a bank account in Mal In 2010 the country of Ikonomia has a current account deficit of $1...

a.A California computer manufacturer purchases a $50 hard disk from a Malaysian company, paying the funds from a bank account in Mal

In 2010 the country of Ikonomia has a current account deficit of $1 billion and a nonreserve financial account surplus of $750 million. Ikonomia’s capital account is in a $100 million surplus. In addition, Ikonomian factors located in foreign countries earn $700 million. Ikonomia has a trade deficit of $800 million. Assume Ikonomia neither gives nor receives unilateral transfers. Ikonomia’s GDP is $9 billion.