7. Estimate current account balance, financial account and change in official reserves. Merchandise exports Merchandise imports Service exports Service imports Income flows, net Unilateral transfers, net Increase in the country's holding of foreign assets, net (excluding official reserve assets) Increase in foreign holdings of the country's assets, net (excluding official reserve assets) Statistical discrepancy, net $330 198 196 204 3 -8 202 102 4
7. Estimate current account balance, financial account and change in official reserves. Merchandise exports Merchandise imports Service exports Service imports Income flows, net Unilateral transfers, net Increase in the country's holding of foreign assets, net (excluding official reserve assets) Increase in foreign holdings of the country's assets, net (excluding official reserve assets) Statistical discrepancy, net $330 198 196 204 3 -8 202 102 4
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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7. Estimate current account balance, financial account and change in official reserves.
Merchandise exports
Merchandise imports
Service exports
Service imports
Income flows, net
Unilateral transfers, net
Increase in the country's holding of foreign assets, net
(excluding official reserve assets)
Increase in foreign holdings of the country's assets, net
(excluding official reserve assets)
Statistical discrepancy, net
$330
198
196
204
3
-8
202
102
4
7. In an economy where both capital and current accounts are in surplus and net errors and
ommissions are zero, the central bank reserves will.....
8. If current account is in surplus and government budget is in deficit, what should be private
saving and investment balance?
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