Items RM (million) Freight and insurance -4,255 Other transportation 93 Income from investment -5525 Travel 655 Other services 1,550 Export 95,750 Imports 98,230 Private short-term capital (net) 3215 Official long-term capital (net) 630 Corporate Investment (net) 9,200 Transfer Payments (net) 350 Errors and Omissions 750   Calculate:   1. Balance of services                2. Current account balance                3. Basic balance              4. Capital account balance               5. Overall balance

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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  1. The following table shows the balance of payment for a country in 2004.

 

Items

RM (million)

Freight and insurance

-4,255

Other transportation

93

Income from investment

-5525

Travel

655

Other services

1,550

Export

95,750

Imports

98,230

Private short-term capital (net)

3215

Official long-term capital (net)

630

Corporate Investment (net)

9,200

Transfer Payments (net)

350

Errors and Omissions

750

 

Calculate:

 

1. Balance of services  

            

2. Current account balance  

            

3. Basic balance

            

4. Capital account balance            

 

5. Overall balance

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