Suppose that during a recent year, a nation has the transactions related to its balance of p shown in the accompanying table nce of payments Calculate the following for this nation a. Merchandise account balance b. Service account balance c. Balance of merchandise and services d. Current plus capital account balance e Financial account balance without official reserves 1. Balance of payments without official reserves g. The nation's official foreign reserves during this year Merchandise exports Merchandise imports Service exports Service imports Net capital account Net primary income Not secondary income Net direct foreign investment Net Canadian portfolio investment Net other Canadian investment Official reserves 700 740 260 300 1 30 -10 40 10

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Suppose that during a recent year, a nation has the transactions related to its balance of payments
shown in the accompanying table
Calculate the following for this nation
a. Merchandise account balance
b. Service account balance
c. Balance of merchandise and services
d. Current plus capital account balance
e. Financial account balance without official reserves
1. Balance of payments without official reserves
g. The nation's official foreign reserves
during this year
0
CHEE
Merchandise exports
Merchandise imports
Service exports
Service imports
Net capital account
Net primary income
Net secondary incomo
Net direct foreign investment
Net Canadian portfolio investment
Net other Canadian investment
Official reserves
|
2288-82 224
700
740
260
300
1
30
-10
40
10
5
?
Transcribed Image Text:Suppose that during a recent year, a nation has the transactions related to its balance of payments shown in the accompanying table Calculate the following for this nation a. Merchandise account balance b. Service account balance c. Balance of merchandise and services d. Current plus capital account balance e. Financial account balance without official reserves 1. Balance of payments without official reserves g. The nation's official foreign reserves during this year 0 CHEE Merchandise exports Merchandise imports Service exports Service imports Net capital account Net primary income Net secondary incomo Net direct foreign investment Net Canadian portfolio investment Net other Canadian investment Official reserves | 2288-82 224 700 740 260 300 1 30 -10 40 10 5 ?
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