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 CTD Merchandise exports Merchandise imports Service exports Service imports Net capital account Net primary income Net secondary income Net direct foreign investment Net Canadian portfolio investment Net other Canadian investment Official reserves 22222222 700 740 260 300 1 30 -10 40 10 5

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 CTD Merchandise exports Merchandise imports Service exports Service imports Net capital account Net primary income Net secondary income Net direct foreign investment Net Canadian portfolio investment Net other Canadian investment Official reserves 22222222 700 740 260 300 1 30 -10 40 10 5

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter18: International Finance

Section: Chapter Questions

Problem 1.1P

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In 2001, the United Kingdoms economy exported goods worth 192 billion and services worth another 77 billion. It imported goods worth 225 billion and services worth Â£66 billion. Receipts of income from abroad were 140 billion while income payments going abroad were 131 billion. Government transfers from the United Kingdom to the rest of the world were 23 billion, while various U.K government agencies received payments of 16 billion from the rest of the world. Calculate the U.K. merchandise trade deficit for 2001. Calculate the current account balance for 2001. Explain how you decided whether payments on foreign investment and government transfers counted on the positive or the negative side of the current account balance for the United Kingdom in 2001.
1. A. Calculate the current account for U.S. based on the following data for 2018. Export of goods and services $270, Import of goods and services $230, Foreign aids and grants received $120, Foreign aids and grants provided $63, Investment by U.S. companies in foreign countries for establishing subsidiaries $550, Interest and dividend received by U.S $90, investment by foreigners in US companies' bonds and stocks $50. All numbers are in billions of dollars. b. Is U.S. running a deficit or surplus on current account balance, explain in 1 - 2 meaningful sentences
Current Account Balance Capital and Financial Account Balance
Item Imports of goods and services Foreign investment in the United States Exports of goods and services U.S. investment abroad Net interest income Net transfers Statistical discrepancy a. Calculate the current account balance b. Calculate the capital and financial account balance. Billions of U.S. dollars 2,561 955 1,853 300 121 -123 66
Based on the Balance of Payments account presented in this table, the net exports are: a. 2300 b. -2600 c. -300 d. -200
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Give typing answer with explanation and conclusion to all parts 6. The following list gives the balance of payments account? information: Increase in foreign holdings of assets in the United States ? $1,181 Exports of goods 856 Imports of services ?256 Net transfers - 60 Exports of services 325 Income received on investments 392 Imports of goods ??1,108 Increase in U.S. holdings of assets in foreign countries ?-1,040 Income payments on investments ?315 Assume the balance on the capital account is zero. Based on this? information, fill in the? following: Balance of Trade ?$_____. Balance on Current Account $______. Balance on Financial Account ?$_______. Statistical Discrepancy ?$_______. Balance of Payments ?$________.
Any help with that exercise using the template attached please
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The current account for a fictitious country is shown in the table below. The balance on the capital and financial account for this country is $12 billion. a. Fill in the missing values in the table. Instructions: Enter your answers as whole numbers. If you are entering any negative numbers be sure to include a negative sign () in front of those numbers. CURRENT ACCOUNT (in billions of dollara) (1) Goods exports 654 (2) Goods imports (3) Balance on goods -11 (4) Exports of services (5) Imports of services -188 (6) Balance on services (7) Balance on goods and services (8) Net investment income (9) Net transfers 21 (10) Balance on current account b. The country has a current account (deficit
Examine the summary of the balance of payments of the United States for 2021. Compute and discuss the balance on the current account and its subaccounts. A Summary of the U.5. Balance of Payments for 2021 (in $ billion) Credits Debits Current Account [1] Exports $ 2,596.0 [1.1] Goods 1, 683.0 [1.2] Services 913.0 [2] Imports-53,374.7 [2.1] Goods-2, 663.6 [2.2] Services -711.1 [3] Primary Income 1,214.9-953.0 [4] Secondary income 219.2-376.9 Balance on current account [[1]+[2]+[3]+[4]-674.5 Capital Account 1.3-15.5 Balance on capital account -14.2 Financial Account (excluding official reserves) [5] Direct investment 392.2-182.2 [6] Portfolio investiment 308.9 13.5 [6.1] Equily securities -304.1 223 4 [6.2] Deht securities 481.3-209.9 [6.3] Derivatives, net 131.7 [7] Other Investment 456.4-263.6 Balance on financial account [[5]+[6]+[7]] 725.2 [8] Statistical discrepancies -3.0 Overall balance 33:5 Official Reserve Account -33.5 Source: The U.S. Bureau of Economic Analysis Required: a1.…
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