China has experienced twin surpluses for many years. If the current account balance was $250 billion and the total capital and financial account balance was $280 billion, assuming 0 net errors and omissions, the changes in foreign reserve account within the BOP should be equal to ___ nothing. During this period, the total Chinese foreign reserve should be nothing (increased or decreased) by nothing as the central bank of China was a net nothing (buyer or seller) of foreign currencies.

Abbington company has a manufacturing facility in brooklyn that manufactures robotic equipment for the auto industry. for year 1, abbingtonabbington collected the following information from its main production line: actual quantity purchased-200 units, actual quantity used-110 units, units standard quantity-100 units, actual price paid-$8 per unit, standard price-$10 per unit. atlantic isolates price variances at the time of purchase. what is the materials price variance for year 1? 1. $400 favorable. 2. $400 unfavorable. 3. $220 favorable. 4. $220 unfavorable.