Answered: The capital account balance is a…

The capital account balance is a nation's: net investment income minus its net transfers exports of goods and services minus its imports of goods and services

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter18: International Trade And Finance

Section: Chapter Questions

Problem 12SQ

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Which of the following is included in a nation's current account? a) Purchases of foreign assets b) Borrowings from abroad c) Foreign purchases of U.S. financial assets d) Investment income receipts e) Purchases of foreign real property
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Q.1.10 which of the following statements is correct? (1) When a British firm invests in a bicycle manufacturing facility in South Africa, the amount concerned is entered as an inflow on the current account of the South African balance of payments. (2) When someone purchases a second-hand car, the transaction is included in the calculation of GDP in the year the sale took place. (3) A deficit on the current account of the balance of payments indicates that the country exported more than it imported during the period in question. (4) In the base year, the value of nominal GDP is equal to the value of real GDP.
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Display graphically changes in the current value of domestic currency, if the domestic currency appreciation at a significant rate is expected
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Based on the Balance of Payments in the table below, what is the statistical discrepancy?