Assume the following to be a portion of the simplified balance of payments statement for a hypothetical country. The values are given in billions of dollars. Еxports $900 - $675 Imports Capital Outflows Capital Inflows - $225 $135 If the central bank has not changed its holding of foreign-currency reserves during this period, then the capital-service account for this country should be equal to S billion.
Assume the following to be a portion of the simplified balance of payments statement for a hypothetical country. The values are given in billions of dollars. Еxports $900 - $675 Imports Capital Outflows Capital Inflows - $225 $135 If the central bank has not changed its holding of foreign-currency reserves during this period, then the capital-service account for this country should be equal to S billion.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Assume the following to be a portion of the simplified balance of payments statement for a hypothetical country. The values are given in billions of dollars.
Exports
Imports
Capital Outflows
Capital Inflows
$900
- $675
- $225
$135
If the central bank has not changed its holding of foreign-currency reserves during this period, then the capital-service account for this country should be equal to
billion.
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