Explain the current account balance

Reference no: EM131485129

Question: Use the following information to determine

(a) the current account balance,

(b) the capital and financial account balance,

(d) the net errors and omissions of the balance of payments. Refer back to Tables 15.2 and 15.3 for details on which transactions go into the current account and which into the capital and financial account balance.

Service imports, $14.1 billion; foreign investments from the ROW, $9.9 billion; service exports, $6.6 billion; total official foreign exchange reserves, beginning of the year, $42.2 billion; merchandise imports, $28.8 billion; net transfers, -$7.8 billion; profits, interest and dividend earnings from the ROW, $7.8 billion; foreign investments in the ROW, $3.2 billion; total official foreign exchange reserves, end of the year, $38.7 billion; foreign loans extended to ROW, $15.2 billion; foreign loans received from ROW, $9.4 billion; merchandise exports, $32.6 billion; profits, interest, and dividends paid to the ROW, $6.7 billion.

2471_15.2.png

1013_15.3.png

Reference no: EM131485129

Questions Cloud

Create a text message : Target the appropriate professional audience. Use appropriate language for professional audience.

What are the genotypes of the parental flies : a. What are the genotypes of the parental flies? b. List the genotype(s) and phen otype(s) you expect to see in the F1 offspring.

Reduced the setup cost for machining component : As part of lean initiative, a manufacturer has reduced the setup cost for machining a component from $200 to $12.5.

What countries engaged in inward fdi in your state : What countries engaged in inward FDI in your state in 2000and 2015? Has there been an increase in "greenfields" (new foreign plants) in our state?

Explain the current account balance : Service imports, $14.1 billion; foreign investments from the ROW, $9.9 billion; service exports, $6.6 billion; total official foreign exchange reserves.

Energy and overall health including any hazardous effects : The effectiveness of dieting has been debated for years. There are several diets available including Atkins, Zone, Carbohydrate, Weight â Watchers, Jenny Craig

Primary consumer or a secondary consumer : 1. Explain how some heterotrophs could be described as either a primary consumer or a secondary consumer.

What does a liberal believe that government should allow : What does a liberal believe that the government should allow? What does a liberatarian beleive that the government should allow?

Report on a specific kingdom of microorganisms : Explore and report on a specific kingdom of microorganisms. Develop and present a virtual poster to be presented at your class online virtual.

User Account

All Pages