Country X-2017 Transactions (billions of dollars)Exports of goodsNet Unilateral TransfersImports of ServicesOfficial TransactionsCapital InflowsImports of GoodsExports of ServicesCapital OutflowsNote:In the above table, the balance on the Current account for Country X is.means inflow of dollars and "-" means outflow of dollars.#.#$100-10-50+$80 billions-$80 billionsO+$35 billionsO-$35 billions-45150-200125-70billion dollars.

Current account balance can be calculated as the difference between the trade balance in goods and…

Country X-2017 Transactions (billions of dollars) Exports of goods Net Unilateral Transfers Imports of Services Offidal Transactions Capital Inflows Imports of Goods Exports of Services Capital Outflows +$80 billions $100 -10 -50 -45 150 -200 In the above table, the balance on the Current account for Country X is Note: means inflow of dollars and "-" means outflow of dollars. O-$80 billions O+$35 billions O-$35 billions 125 -70 billion dollars.

Country X-2017 Transactions (billions of dollars) Exports of goods Net Unilateral Transfers Imports of Services Offidal Transactions Capital Inflows Imports of Goods Exports of Services Capital Outflows +$80 billions $100 -10 -50 -45 150 -200 In the above table, the balance on the Current account for Country X is Note: means inflow of dollars and "-" means outflow of dollars. O-$80 billions O+$35 billions O-$35 billions 125 -70 billion dollars.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter23: The International Trade And Capital Flows

Section: Chapter Questions

Problem 44P: Imagine that the U.S. economy finds itself in the following situation: a government budget deficit...

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In 2001, the United Kingdoms economy exported goods worth 192 billion and services worth another 77 billion. It imported goods worth 225 billion and services worth Â£66 billion. Receipts of income from abroad were 140 billion while income payments going abroad were 131 billion. Government transfers from the United Kingdom to the rest of the world were 23 billion, while various U.K government agencies received payments of 16 billion from the rest of the world. Calculate the U.K. merchandise trade deficit for 2001. Calculate the current account balance for 2001. Explain how you decided whether payments on foreign investment and government transfers counted on the positive or the negative side of the current account balance for the United Kingdom in 2001.
View the data below for the exchange rate between the US dollar and the Japanese yen. How many yen could you get per dollar at the earliest date shown on the chart? Explain. How many yen could you get per dollar at the most recent date shown on the chart? Explain. Has the dollar appreciated or depreciated in value over time? Explain.
The current account for a fictitious country is shown in the table below. The balance on the capital and financial account for this country is $12 billion. a. Fill in the missing values in the table. Instructions: Enter your answers as whole numbers. If you are entering any negative numbers be sure to include a negative sign () in front of those numbers. CURRENT ACCOUNT (in billions of dollara) (1) Goods exports 654 (2) Goods imports (3) Balance on goods -11 (4) Exports of services (5) Imports of services -188 (6) Balance on services (7) Balance on goods and services (8) Net investment income (9) Net transfers 21 (10) Balance on current account b. The country has a current account (deficit
Using this table, determine the value of the balance of the current account. a. -$100 b. -$25 c. -$20 d. -$55
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3. The balance of payments The following table shows a hypothetical balance-of-payments statement for the United States. All figures are in billions of dollars. Complete the table by filling in the missing cells. Balance of Payments (Billions of U.S. dollars) Current Account Goods and Services Exports 200 Goods and Services Imports -182 Trade Balance Income (net) Current Account Balance Capital Account U.S. Capital Inflow U.S. Capital Outflow Capital Account Balance Statistical Discrepancy 80 -60 -10 According to the table, the United States is running a trade The net balance of payments equals $ billion.
Based on the Balance of Payments account presented in this table, the net exports are: a. 2300 b. -2600 c. -300 d. -200
4. Use the following information for the fictional economy Wee Britain in the year 2020: Balance of Payments Accounts Current account deficit of $3 billion Financial account surplus of $3.25 billion Earnings of $150 million for foreign factors located in Wee Britain Trade deficit of $500 million Net of -$50 million in unilateral transfers National Income and Product Accounts GNE of $9 billion Investment of $3 billion Total government purchases of $2 billion a. Calculate Wee Britain's capital account balance. Is Wee Britain a net lender or a net borrower? Explain b. Calculate net factor income from abroad for Wee Britain. c. Calculate Wee Britain's GDP, GNI, and GNDI. d. Calculate consumption for Wee Britain.
Respond succinctly and precisely to each of the following scenarios. Hint: these are beginning with a currency value change; start from there, and do not consider what caused the change. (h) The European Union and Brazil are trade partners. Brazil's currency, the real, appreciates relative to the European Union's euro. Ceteris paribus, how will this change affect: Brazil's net exports? Explain. the capital and financial account of Brazil?
Item Exports of goods and services Imports of goods and services Net interest income Net transfers Urland's investment abroad Foreign investment in Urland 30. A) B) Billions of dollars 635 . -555 -18 22 -467 321 02.0 The above table shows some of the balance of payments accounts for Urland. What is Urland's balance in the official settlements account? $405 billion $62 billion $99 billion $37 billion nożli
Question 2 Table 1 represents the components of the UAE current account balance during 2019-2020. Table 1 Current Account Balance in Billion Dirhams 2019 2020 Exports: Goods 1152.4 1003.0 228.2 Services Total Exports Imports: Goods 331.5 856.9 774.1 Services 323.9 218.6 Total Imports Net Exports Net transfers + investment income net Investment income Net 7.6 -1.7 Net transfers Total Transfers Current account Balance Source Central Bank of UAE -173.6 -159.7 1. Complete table 1 2. Interpret your results.
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