The following table lists balance of payment current accounts for Country A.
Current Accounts
1.
Exports of goods, services, and income
$169,928
2.
Goods, adjusted, excluding military
$94,068
3.
Services
46,889
4.
Income receipts on U.S. assets abroad
31,921
5.
Imports of goods, services, and income
151,536
6.
Goods, adjusted, excluding military
84,707
7.
Services
32,289
8.
Income payments on foreign assets in the United States
35,740
9.
Unilateral transfers, net
9,481
A. What is Country A's total current accounts?
_________$ Total current accounts
B. What is Country A's balance on goods?
_________$ Balance on goods
C. What is Country A's balance on services?
__________$ Balance on services
D. What is Country A's balance on investment income? (Negative amount should be indicated by a minus sign.)
__________$ Balance on investment income
The following table lists balance of payment current accounts for Country A.
| Current Accounts | |||
| 1. | Exports of goods, services, and income | $169,928 | |
| 2. | Goods, adjusted, excluding military | $94,068 | |
| 3. | Services | 46,889 | |
| 4. | Income receipts on U.S. assets abroad | 31,921 | |
| 5. | Imports of goods, services, and income | 151,536 | |
| 6. | Goods, adjusted, excluding military | 84,707 | |
| 7. | Services | 32,289 | |
| 8. | Income payments on foreign assets in the United States | 35,740 | |
| 9. | Unilateral transfers, net | 9,481 | |
|
A. What is Country A's total current accounts? _________$ Total current accounts B. What is Country A's balance on goods? _________$ Balance on goods C. What is Country A's balance on services? __________$ Balance on services D. What is Country A's balance on investment income? (Negative amount should be indicated by a minus sign.) __________$ Balance on investment income |
|||
Related textbook solutions
Related questions
| Exports of goods & services | $1000 |
| Imports of goods & services | $800 |
| The net change in assets owned abroad | $590 |
| The net change in foreign-owned assets at home | $400 |
| Unilateral transfers received | $100 |
| Unilateral transfers paid | $200 |
| Investment income paid to foreigners | $300 |
| Investment income received from foreigners | $400 |
| The balance on the capital account | $0 |
1. The balance on the current account is A) $100. B) $200. C) 0. D) - $100
2. The balance on the financial account is A) -$90. B) -$190. C) $100. D) $200
3. The statistical discrepancy is A) -$5. B) $5. C) $10. D) -$10
4. From the domestic economy's perspective,
A) there is a net international capital inflow equal to $190.
B) there is a net international capital outflow equal to $190.
C) the net international capital flow is zero.
D) its domestic absorption exceeds its GNP by $200.
