Consider the following information: Imports Net income from foreign investments Foreign investments in U.S. Government spending abroad Exports U.S. investments abroad Foreign securities bought by U.S. U.S. securities bought by foreigners Purchase of short-term foreign securities Foreign purchases of U.S. short-term securities $244.0 73.4 8.9 4.0 170.7 21.2 5.2 2.5 5.8 8.7 Determine the balance on the U.S. current account and capital accounts. Use a minus sign to enter the amount as a negative value. Round your answe to one decimal place. Balance on current account: $ Balance on capital account: $

Consider the following information: Imports Net income from foreign investments Foreign investments in U.S. Government spending abroad Exports U.S. investments abroad Foreign securities bought by U.S. U.S. securities bought by foreigners Purchase of short-term foreign securities Foreign purchases of U.S. short-term securities $244.0 73.4 8.9 4.0 170.7 21.2 5.2 2.5 5.8 8.7 Determine the balance on the U.S. current account and capital accounts. Use a minus sign to enter the amount as a negative value. Round your answe to one decimal place. Balance on current account: $ Balance on capital account: $

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

6
China Impose trade sanctions against U.S. firms Do not impose trade sanctions against U.S. firms China trade value = $75 b U.S. China trade value = $5 b Don't renew MFN trade value = $65 b U.S. trade value = $140 b status with China United States China trade value = $285 b U.S. trade value = $35 b China trade value = $275 b U.S. Renew MFN status trade value = $130 b with China Use a payoff matrix to depict this problem. a. Players. b. Strategy. с. Рау-off. d. What is the dominant strategy? e. What is the Nash Equilibrium without an enforceable contract? f. If countries coordinated (collude), what would be the optimal outcome?
Use the information in the following table on Mexico’s 2007 international transactions to answer 1. What is the balance of trade?
In 2008, a small country imported goods worth $900 billion and exported goods worth $343 billion. It exported services worth $248 billion and imported services worth $530 billion. Payments on investments abroad totaled $499 billion, while returns paid on foreign investments were $25 billion. Unilateral transfers from the country to other nations amounted to $81 billion. What was the country's merchandise trade deficit for 2008? (In billions of Dollars.)
Goods imports 635 Goods exports 419 Services imports 144 Services exports 215 Net unilateral transfers -35 Investment income received 278 Investment income paid 225 Capital account -3 Net US acquisition of financial assets 84 Net US incurrence of of liabilities 158 Net change in financial derivatives -21 Statistical discrepancy Based on Table 9.2, this country is currently running a Group of answer choices balance of goods of 216 current account deficit of 92 balance of services of -71 current account deficit of 127
What is meant by the balance of trade? 10 13 16 V 19 22 25 14 17 20 23 12 15 18 21 24 a It is the measurement of the barter of products for products. b) It is the relative value of one currency to that of another. ( c) It is a measure of the total flow of money into or out of a country. ) d) It is a measure of the difference between exports and imports.
Exports of goods and services 1,872 Imports of goods and services 2,375 Net unilateral transfers -99 Net Investment Income 170 Capital Account -7 Net US acquisition of financial assets 958 Net US incurrence of liabilities 1,391 Net financial derivatives -14 Based on the table above, the balance on the financial account is Group of answer choices 454 447 -14 -447
Question: How is this likely to affect economies that are heavily dependent on oil imports? a) Decrease in inflation b) Increase in their trade deficits c) Increase in their exports d) Decrease in their current account deficits
14- the difference between the current account and total trade (merchandise trade and service trade) is equal to Please select one; a) foreign direct investment plus portfolio investment plus cross-border loans and bank deposits nwww ww b) income payments plus unilateral transfers c) the change in international reserves d) international reserves minus statistical discrepancy e) foreign direct investment plus portfolio investment
13- You are a U.S. importer who buys goods from many different countries. How many U.S. dollars do you need to settle each of the following invoices? 1,000,000 Australian dollars for wool blankets (exchange rate: A$1 = $0.769) 500,000 British pounds for dishes (exchange rate: £1 = $1.5855) 100,000 Indian rupees for baskets (exchange rate: Rs1 = $0.0602) 350 million Japanese yen for stereo components (exchange rate: ¥1 = $0.0069) 825,000 euro for German wine (exchange rate: €1 = $1.05) 14- What is the dollar value of the invoices in exercise 13 if the dollar: Depreciates 10 percent against the Australian dollar Appreciates 10 percent against the British pound Depreciates 10 percent against the Indian rupee Appreciates 20 percent against the Japanese yen Depreciates 100 percent against the euro
If the foreign interest rate is 5%, the risk premium on domestic assets, ρ, is -7%, and the expected rate of depreciation of the domestic currency against the foreign currency is 11%, what is the domestic interest rate in percentage terms, given covered interest parity holding in the economy?
Exchange of foreign exchange receipts Over foreign exchange payment on account of accommodating transactions equals deficit in the balance of payment true or false