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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question

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
Expert Solution

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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