Answer the questions below based upon the following Balance of Payments table for Tundraland (figures are in millions of cugats):
(a)What is the balance on the current account? Did more cugats flow in or out of that account?
(b)What is the balance on the capital account? Did more cugats flow in or out of that account?
(c)Did Tundraland buy or sell its currency? How do you know? Is Tundraland trying to lower or raise the value of its currency? Show graphically.
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