The financial account may be divided into three categories—
Multiple Choice
cross-border mergers and acquisitions, portfolio investment, and other investment.
direct investment, portfolio investment, and cross-border mergers and acquisitions.
direct investment, mergers and acquisitions, and other investment.
direct investment, portfolio investment, and other investment.
Assume the following is Bahrain's Balance of Payments data:
Bahrain's Balance of Payments
BD. Millions
Balance of Current Account
-5381
Bahrain Portfolio investment abroad
2527
Net Error and Omission
176
foreign direct investment in Bahrain
3547
Bahrain purchases of foreign real estate assets
1953
Official Reserve
?
Foreign purchases of Bahrain’s real estate assets
6002
Find the value of the Official Reserve.
Official Reserve =