5:06A & & & O M PPage 2 of 5QUESTION 2The table below contains data on international transactions for the country of Econia. All figuresare in thousands of Econia Dollars (E$), and you may assume that there is no statisticaldiscrepancy generated by the collection of the data on the various kinds of transactions.Complete the table by filling in the light-blue shaded cells.Paymentsfrom the restof the worldAll figures in thousands of E$Paymentsfrom Econiato the rest ofthe worldNetPayments toEconiato EconiaSales and purchases of goods & servicesFactor payments5,2502,5001,5001,000Transfers7501,250-500Sales & purchases of assets10,000Total Current Account10,250Total Financial AccountPage 3 of 5QUESTION A3

BOP(balance of payment) shows the payments made and received (transactions) between one country and…

QUESTION 2 The table below contains data on international transactions for the country of Econia. All figures are in thousands of Econia Dollars (E$), and you may assume that there is no statistical discrepancy generated by the collection of the data on the various kinds of transactions. Complete the table by filling in the light-blue shaded cells. All figures in thousands of E$ Payments Payments from the rest from Econia of the world Net to the rest of the world Payments to Econia to Econia Sales and purchases of goods & services Factor payments 5,250 2,500 1,500 1,000 Transfers 750 1,250 -500 Sales & purchases of assets 10,000 Total Current Account 10,250 Total Financial Account

QUESTION 2 The table below contains data on international transactions for the country of Econia. All figures are in thousands of Econia Dollars (E$), and you may assume that there is no statistical discrepancy generated by the collection of the data on the various kinds of transactions. Complete the table by filling in the light-blue shaded cells. All figures in thousands of E$ Payments Payments from the rest from Econia of the world Net to the rest of the world Payments to Econia to Econia Sales and purchases of goods & services Factor payments 5,250 2,500 1,500 1,000 Transfers 750 1,250 -500 Sales & purchases of assets 10,000 Total Current Account 10,250 Total Financial Account

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter3: Interdependence And The Gains From Trade

Section: Chapter Questions

Problem 8PA

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