The following table shows the value of credits and debits in four balance-of-payments accounts in the fictional economy of Ghalha. Balance-of-Payments Account Debits (Billions of dollars) Credits (Billions of dollars) Merchandise Services 70 35 30 10 Income Receipts 30 30 Unilateral Transfers 55 30 Total 185 105 Based on the total values of Ghalha's debits and credits, there is Ghalha. This means that Ghalha has a deficit in the money flowing out of Ghalha to foreign countries than there is flowing into account. Complete the following table based on the credits and debits presented in the previous table. Term Balance of Trade Net Exports How to Calculate Size of Deficit or Surplus Deficit or Surplus (Billions of dollars)

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Identify each transaction by whether it belongs in the US current account or financial account: A publisher in Singapore pays royalties to a Santa Clara University professor. O Current ACcount O Financial Account

Discuss with examples the various forces which generate appreciation/depreciation of a currency

What does it mean by Import surcharge in a balance-of-payments emergency when pertaining to regulating import competition and unfair trade in international law?

International Transaction Amount, Billions of $ Services imports -150 Merchandise exports 100 Unilateral transfers (net) -20 Merchandise imports -210 Services exports 200 Income receipts/payments (net) 65   The table above gives hypothetical figures for the U.S. balance of payments.  The country’s current-account balance shows a   Group of answer choices deficit of $20 billion surplus of $15 billion deficit of $15 billion surplus of $10 billion

3. Current, financial, and capital accounts Consider the following table showing hypothetical balance-of-payments data for the United States. Complete the table by selecting the correct value for each missing entry. Current Account U.S. merchandise exports U.S. merchandise imports Merchandise trade balance U.S. service exports U.S. service imports Services balance Goods and services balance Net investment income from abroad Net unilateral transfers Current account balance Capital and Financial Account Change in U.S.-owned assets abroad Change in foreign-owner assets in the U.S. Capital and financial account balance Statistical discrepancy Trade balance Balance-of-Payments (Billions of dollars) +55 -77 +70 were -2 -8 -40 +42 According to the table, the United States is running a trade +35 +13 ► Suppose an American business owner purchases chocolates from Belgium in order to sell them in her shops. This would be entered as a item under the section of the U.S. current account. 0 The…

Do all international financial transactions involve exchanging one currency for another? Could a nation that neither imports nor exports goods and services still engage in international financial transactions? Explain: “U.S. exports earn supplies of foreign currencies that Americans can use to finance imports.”

Item Exports of goods and services Imports of goods and services Net interest income Net transfers Urland's investment abroad Foreign investment in Urland 30. A) B) Billions of dollars 635 . -555 -18 22 -467 321 02.0 The above table shows some of the balance of payments accounts for Urland. What is Urland's balance in the official settlements account? $405 billion $62 billion $99 billion $37 billion nożli

Do all international financial transactions necessarily involve exchanging one nation’s distinct currency for another? Explain. Could a nation that neither imports goods and services nor exports goods and services still engage in international financial transactions?