Consider two economies, one called the domestic country and the other the foreign country. Given the transactions listed in (a) through (i), construct the balance of payments for domestic country. If necessary, include a statistical discrepancy. (Hint: Think about the cash flow.) a. The domestic country purchased $120 in oil from the foreign country. b. The domestic sells $35 of ski slopes to foreign country. c. Foreign consumers purchased $50 of wine from the domestic wineries. d. Domestic investors were paid $25 in dividends from holdings of foreign equities. Hint: this is (investment) income received by domestic country. e. Foreign investors were paid $20 in dividends from their holdings of domestic equities. f. Domestic residents gave $15 to foreign charities. g. Domestic businesses borrowed $60 from foreign banks. h. Foreign investors purchased $15 of domestic government bonds. i. Domestic investors purchased $50 of foreign government bonds. Pls solve
Economics
Consider two economies, one called the domestic country and the other the foreign country. Given the transactions listed in (a) through (i), construct the balance of payments for domestic country. If necessary, include a statistical discrepancy. (Hint: Think about the cash flow.)
a. The domestic country purchased $120 in oil from the foreign country.
b. The domestic sells $35 of ski slopes to foreign country.
c. Foreign consumers purchased $50 of wine from the domestic wineries.
d. Domestic investors were paid $25 in dividends from holdings of foreign equities. Hint: this is (investment) income received by domestic country.
e. Foreign investors were paid $20 in dividends from their holdings of domestic equities.
f. Domestic residents gave $15 to foreign charities.
g. Domestic businesses borrowed $60 from foreign banks.
h. Foreign investors purchased $15 of domestic government bonds.
i. Domestic investors purchased $50 of foreign government bonds. Pls solve
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