5. The table below shows a country's private foreign transactions. Exports of goods and services Imports of goods and services Income from foreigners Income paid to foreigners Unilateral transfers to foreigners (net) Change in FDI by domestic residents in foreign operations Change in FDI in domestic businesses by foreign residents Foreign purchases of domestic securities Domestic purchases of foreign securities 820 750 75 135 -10 200 220 130 120 Don't forget signs!!! (a) What is the trade balance? (b) What is the balance on current account? (c)What is the balance on the financial account?

5. The table below shows a country's private foreign transactions. Exports of goods and services Imports of goods and services Income from foreigners Income paid to foreigners Unilateral transfers to foreigners (net) Change in FDI by domestic residents in foreign operations Change in FDI in domestic businesses by foreign residents Foreign purchases of domestic securities Domestic purchases of foreign securities 820 750 75 135 -10 200 220 130 120 Don't forget signs!!! (a) What is the trade balance? (b) What is the balance on current account? (c)What is the balance on the financial account?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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