iven the following International Transactions     Amount Transaction (billions of dollars)     Current balance 0.5 Long term capital balance    -1.5 Short term private non liquid capital balance -4 Short term private liquid capital balance 2 Errors and omissions -2 Official settelments balance  -5 The official settelment balance financed by changes in: Liabilities to foreign official holders balance Official reserve assets balance Total financing  official settelements balane   4 1 5   Calculate the following: The basic balance  The net liquidity balance  The official settlment account balance

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

Given the following International Transactions

 

 

Amount

Transaction

(billions of dollars)

 

 

Current balance

0.5

Long term capital balance

   -1.5

Short term private non liquid capital balance

-4

Short term private liquid capital balance

2

Errors and omissions

-2

Official settelments balance

 -5

The official settelment balance financed by changes in:

Liabilities to foreign official holders balance

Official reserve assets balance

Total financing  official settelements balane

 

4

1

5

 

Calculate the following:

  1. The basic balance 
  2. The net liquidity balance 
  3. The official settlment account balance 
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Trade Balance
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education