2. Exports, Imports, and Net Exports Indicate how each of the following transactions affects U.S. exports, imports, and net exports. Transaction A French historian spends a semester touring museums and historic battlefields in the United States. Students in Paris flock to see the latest movie from Hollywood. Your auntie purchases a Panasonic camera. The student bookstore at Oxford University in England sells a copy of this textbook. Your parents buy a bottle of French wine from a local wine store. U.S. Exports Effect On... U.S. Imports U.S. Net Exports

2. Exports, Imports, and Net Exports Indicate how each of the following transactions affects U.S. exports, imports, and net exports. Transaction A French historian spends a semester touring museums and historic battlefields in the United States. Students in Paris flock to see the latest movie from Hollywood. Your auntie purchases a Panasonic camera. The student bookstore at Oxford University in England sells a copy of this textbook. Your parents buy a bottle of French wine from a local wine store. U.S. Exports Effect On... U.S. Imports U.S. Net Exports

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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_________ is output per hour in the business sector. a)GDP per capita b)Investment c)Productivity d)Net exports
U.S. International Transactions Table 20XX ($ bill.) 1. Merchandise exports 20 2. Merchandise imports -30 3. Service exports 10 4. Service imports -5 5. Income receipts on U.S. assets abroad 10 6. Income payments on foreign assets in the U.S. -5 7. Government grant, private remittances -5 8. Change in U.S. private assets abroad, net -10 9. Change in foreign private assets in the U.S., net 20 10. Statistical discrepancy ? 11. Change in U.S. Official Reserves, net -5 12. Change in Foreign Official Reserves, net 10 Use the above table to the question.The official reserve transactions balance is 10. -10. 5. -5. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
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Export of goods are = $508 Imports of goods are = $705 Balance of trade =?