During the year 2018, the following information was reported by the Serbia (Thousands USD): Exports of goods Imports of goods Exports of services Imports of services Foreign direct investments Direct investments abroad 2,350,000 Acquisitions of non-financial assets 4,150,000 Capital transfers to homeland Transfer, Credit 450,000 300,000 250,000 55,000 Transfer, Debit Decrease in Official reserves 280,000 420.000 440,000 130,000 90,000
During the year 2018, the following information was reported by the Serbia (Thousands USD): Exports of goods Imports of goods Exports of services Imports of services Foreign direct investments Direct investments abroad 2,350,000 Acquisitions of non-financial assets 4,150,000 Capital transfers to homeland Transfer, Credit 450,000 300,000 250,000 55,000 Transfer, Debit Decrease in Official reserves 280,000 420.000 440,000 130,000 90,000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Balance on current account?
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Balance on capital account?
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Balance on financial account?
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Does Serbia balance of payments show a deficit, a surplus, or are its international
payments accounts in balance?
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