Calculate the current debt and export ratio

Reference no: EM131485249

Question: Imagine a country with total external debt of $22,000 million, on which an average rate of interest of 8.7 percent is charged. Its exports are currently equal to $31,000 million and are growing at a rate of 4.5 percent per year. Calculate the current debt/export ratio and, assuming no new external debt accumulation, the debt/export ratio in five years' time.

Reference no: EM131485249

Questions Cloud

Executive information system : Read the journal article, “Executive Information Systems: Their impact on Executive Decision Making”.

Reconstruction- a moment in the sun : The second assignment paper will have you investigate the Reconstruction era. The paper will ask you to highlight all the new programs.

Common law rules develop from : Common law rules develop from:

In the case of a negotiation-resistance point : In the case of a negotiation, the resistance point is ________.

Calculate the current debt and export ratio : Imagine a country with total external debt of $22,000 million, on which an average rate of interest of 8.7 percent is charged. Its exports are currently equal.

Describe a time you were on an effective team : Describe a time you were on an effective team. Describe the team. Why was the team effective

Forced scale should be used when : A forced scale should be used when:

Discuss the effect of devaluation or depreciation : What effect does a deterioration in a country's terms of trade have on its ability to service its external debt obligations? What effect does a devaluation.

Pictures based on observations : Label each of the items in the following slide pictures based on yours observations. Include tunica interna, tunica media, and tunica externa in each.

User Account

All Pages