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Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income receipts 36,063 Imports of goods 132,484 Import of services 29,443 Primary income payments 29,750 Net unilateral -8,349 transfers Capital account -63 Net acquisition of 20,972 financial assets Net incurrence of liabilities 54,471 Financial derivatives Statistical discrepancy Based on the table above, the balance on the financial account is O 33,499 O 33,561 -33,499 O-33,561

Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income receipts 36,063 Imports of goods 132,484 Import of services 29,443 Primary income payments 29,750 Net unilateral -8,349 transfers Capital account -63 Net acquisition of 20,972 financial assets Net incurrence of liabilities 54,471 Financial derivatives Statistical discrepancy Based on the table above, the balance on the financial account is O 33,499 O 33,561 -33,499 O-33,561

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income 36,063 receipts Imports of goods 132,484 Import of services 29,443 Primary income payments 29,750 Net unilateral -8,349 transfers Capital account -63 Net acquisition of financial assets 20,972 Net incurrence of liabilities 54,471 Financial derivatives Statistical discrepancy Based on the table above, the balance on the financial account is O 33,499 O 33,561 O -33,499 O-33,561 MacBook Air
Transcribed Image Text:Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income 36,063 receipts Imports of goods 132,484 Import of services 29,443 Primary income payments 29,750 Net unilateral -8,349 transfers Capital account -63 Net acquisition of financial assets 20,972 Net incurrence of liabilities 54,471 Financial derivatives Statistical discrepancy Based on the table above, the balance on the financial account is O 33,499 O 33,561 O -33,499 O-33,561 MacBook Air
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Step 1 Introduction

Financial Account: Financial accounts are components of a country's balance of payments that represent claims on or obligations owed to nonresidents in relation to financial assets. They are also known as financial accounts. The financial account includes financial assets such as gold, currencies, derivatives, special drawing rights, equities, and bonds, amongst other types of investments.

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