Consider the following Balance of Payments information for the private sector ("abow the line"). If the central bank had $100,000 of international reserves, what would be their new international reserves after they balance the BOP? Private Sector Total Export a car 2$ 43,000 Import a machine 65,000 Net Exports $ (22,000)| Sell a domestic apartment to foreigners Buy a foreign stock from foreigners 39,000 5,000 Total Private Capital Flows 82,000 $ 34,000 Total "above the line" Private Sector 70,000 $ 12,000

Consider the following Balance of Payments information for the private sector ("abow the line"). If the central bank had $100,000 of international reserves, what would be their new international reserves after they balance the BOP? Private Sector Total Export a car 2$ 43,000 Import a machine 65,000 Net Exports $ (22,000)| Sell a domestic apartment to foreigners Buy a foreign stock from foreigners 39,000 5,000 Total Private Capital Flows 82,000 $ 34,000 Total "above the line" Private Sector 70,000 $ 12,000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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