Billions of dollars:
Exports of goods and services: 635
Imports of goods and services: -555
Net interest income: -18
Net transfers: 22
Urland's investment abroad: -467
Foreign investment in Urland: 321
The above figures show some of the balance of payments accounts for Urland. What is Urland's balance in the official settlements account?
Billions of dollars:
Exports of goods and services: 635
Imports of goods and services: -555
Net interest income: -18
Net transfers: 22
Urland's investment abroad: -467
Foreign investment in Urland: 321
The above figures show some of the balance of payments accounts for Urland. What is Urland's balance in the official settlements account?
Related textbook solutions
Related questions
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 |
|||
Balance of payments: Using the following data for a given year, calculate
|
Item |
Value |
|
The rise in the country's private financial assets abroad |
623 |
|
Imports of merchandise |
782 |
|
Investment income, net |
-27 |
|
Transfers, net |
-15 |
|
Export of services |
504 |
|
Rise in foreign private financial assets in the country |
580 |
|
Exports of merchandise |
903 |
|
Rise in foreign governments financial assets in the country |
224 |
|
Imports of services |
735 |
|
Rise in-country government s financial assets abroad |
29 |
(a) The current account balance.
(b) The financial account balance.
