country has the following items in its balance of payments:   £ millions Exports of goods 120 Imports of services   60 Income flows and current transfers from abroad   80 Imports of goods 150 Exports of services   50 Income flows and current transfers going abroad   30 Its balance on trade in goods and services is a      A) deficit of £30m B) deficit of £40m C) deficit of £20m D) surplus of £10 E) deficit of £10m

Q: A country finds itself in the following situation: a government budget surplus of $630; total…

A: Budget surplus (or government saving) = $630 Domestic saving = $990 Investment = $900 Increase in…

Q: The projected trade deficits for a country in 2021-2023 are in the following table: Net Year Exports…

A: Net exports are equal to exports less imports. Trade surplus occurs when exports are greater than…

Q: What is the current account?

A: The formula for calculating current account is given below. Current account=Balance of Trade +…

Q: Complete the table by calculating the surplus or deficit both dollar terms and as a percentage of…

A: Balance of trade or trade balance represents the difference between the values of export and import.

Q: The following table shows the approximate value of exports and imports for the United States from…

A: Balance of trade or trade balance represents the difference between the values of export and import.…

Q: Will exchange rates correct a balance-of-trade deficit? Consider the case of a balance-of-trade…

A: The balance of trade deficit occurs when the value of imports of a country exceeds the value of its…

Q: Mexico's GDP in 2022 was 7.245 trillion pesos and the U.S. had GDP of $23.2 trillion for the same…

A: To calculate Mexico's GDP in US dollars, we need to convert the Mexican peso amount to US dollars…

Q: The following table shows a hypothetical balance-of-payments statement for the United States. All…

A: Balance of payment records the transaction takes place between a country and the rest of the world.…

Q: Services Investment Income 195 50 23 0 417 Transfers Asset Sales What is the balance on goods for…

A: The main economic activities of a nation, such as its capital markets and services, are included in…

Q: hat is nation’s current account balance on its balance of payments given the following information?…

A: The ‘balance of payments’ (BOP)  deals with a  country's ‘monetary transactions’ with the world. The…

Q: In 2008, a small country imported goods worth $400 billion and exported goods worth $245 billion. It…

A: Merchandise trade deficit refers to the situation when assets are less than liabilities.

Q: The following graph depicts the supply and demand curves for U.S. dollars in the foreign exchange…

A: The exchange rate is the rate at which one currency can be exchanged for another. It represents the…

Q: Suppose a Portuguese citizen travels to Tanzania to go on a safari and uses euros for the…

A: Balance of Payment: The balance of payments is a systematic record of all economic transactions…

Q: When looking only at the import and export of services, the U.S.    a. has a trade deficit b. has a…

A: When imports of a country are greater than its exports, it is said to have a trade deficit. When…

Q: County A is a highly trade-dependent economy operating under a managed float exchange rate system.…

A: Recession refers to the temporary economic decline during which trade and business activity are…

Q: President Trump is currently getting tough on trade. This means he wants terms of trade so that…

A: Terms of trade refer to the price of exports in terms of the price of imports. Betterment of terms…

Q: 1. Imports, exports, and the trade balance The following table shows the approximate value of…

A: The value of the exports and the imports are given for the economy and the difference between them…

Q: 3. At the end of June 21, the exchange rate between the US Dollar (USD) and the Canadian Dollar…

A: Exchange rate determines currency appreciation and depreciation . When exchange rate increases,…

Q: The following balance of payments data is for the economy of Augusta: Foreign investment in Augusta…

A: The balance of trade, commercial balance, or net exports, is the difference between the monetary…

Q: What is the term for the difference between the value of a country's exports and the value of its…

A: Option a) Trade deficit: This option is incorrect because it refers specifically to the situation…

Q: Over the past four years, the US trade deficit has increased to $576.9 billion. Based on your…

A: In the face of globalization, the practice of maintaining trade deficits has become increasingly…

Q: Exports of goods and services 1,872 Imports of goods and services 2,375 Net unilateral transfers -99…

A: The Balance of Payment(BOP) is the statement that shows the international transactions of any…

Q: Suppose a country has an overall balance of trade so that exports of goods and services equal…

A: The trade balance is the difference between value of export and import of goods and services of…

Q: the following table shows the approximate value of exports and imports for the United States from…

A: GDP refers to the market value of final goods and services produced in a country during a particular…

Q: 15. Background information and a news article Does the exchange rate between the yen and the dollar…

A: An exchange rate is the value of one country's currency in relation to another country's currency.…

Q: Which of the following is NOT a consequence of having an overvalued currency it acts like a tax on…

A: Currency refers to a system of money in general use in a particular country or region. It is a…

Q: The table above gives hypothetical figures for the U.S. balance of payments.  The country’s…

A: Current account records transaction of import and export of goods and services, unilateral transfers…

Q: A trade deficit occurs when a country: A) Has higher exports than imports B) Has higher imports than…

A: Imports refer to the purchase of goods and services from foreign countries.Exports refer to the sale…

Q: In 2008, a small country imported goods worth $900 billion and exported goods worth $343 billion. It…

A: The International Trade and Investment Program investigates the causes and effects of trade between…

Q: A country whose National Saving is greater than its Investment will experience a ) Trade deficit (IM…

A: Trade surplus occurs when exports (X) exceed the imports (IM). Trade deficit occurs when imports…

Q: Suppose the country of Lilliput exported $293 billion worth of goods and imported $473 billion worth…

A: A trade deficit occurs when a country' imports of goods and service exceed its exports. It is…

Q: Goods imports 635 Goods exports 419 Services imports 144 Services exports…

A: Current account balance includes the export and import of goods and services and unilateral transfer…

Factor Models

Many attributes might be related to an asset's risk, including market capitalization (size), dividend yield, growth, price-earnings ratio, etc. The use of these traditional descriptors, however, presents a few problems: