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What is Statsylvania service trade balance

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Reference no: EM132821085

Question - The country of Statsylvania has the following accounts related to other countries:

US$ - Billions

Imports (goods) - 55

Exports (services) 22

Income receipts on Stats investments abroad 49

Net capital account - 1

Direct investment abroad - 67

Portfolio investment liabilities 41

Other investments (net) - 12

Income Payments on foreign investments in Statsylvania - 13

Direct investment in Statsylvania 33

Portfolio investment assets -75

Reserves, etc. 3

Exports (goods) 105

Current transfers -5

Imports (services) - 66

Required - Answer the following questions:

What is Statsylvania's service trade balance?

What is their income balance?

What is their current account balance?

What is their balance of trade (BOT)?

What is the net direct investment in Statsylvania?

What is the net portfolio investment position?

What is the country's financial and capital account position?

Shouldn't the current account and financial account balance?

If they do not, how does international accounting fix the problem?

Reference no: EM132821085

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