Reference no: EM132786909
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
Question 1: What is Statsylvania's service trade balance?
Question 2: What is their income balance?
Question 3: What is their current account balance?
Question 4: What is their balance of trade (BOT)?
Question 5: What is the net direct investment in Statsylvania?
Question 6: What is the net portfolio investment position?
Question 7: What is the country's financial and capital account position?
Question 8: Shouldn't the current account and financial account balance?
Question 9: If they do not, how does international accounting fix the problem?