The ounti USS-Billions -55 Imports (goods) Exports (services) Income receipts on Stats investments abroad Net capital account Direct investment abroad 22 49 -1 -67 Portfolio investment liabilities 41 -12 Other investments (net) Income Payments on foreign investments in Statsylvania Direct investment in Statsylvania -13 33 Portfolio investment assets -75 3. Reserves, etc. Exports (goods) 105 Current transfers -5 Imports (services) -66 1. What is Statsylvania's service trade balance? 2. What is their income balance? 3. What is their current account balance?
The ounti USS-Billions -55 Imports (goods) Exports (services) Income receipts on Stats investments abroad Net capital account Direct investment abroad 22 49 -1 -67 Portfolio investment liabilities 41 -12 Other investments (net) Income Payments on foreign investments in Statsylvania Direct investment in Statsylvania -13 33 Portfolio investment assets -75 3. Reserves, etc. Exports (goods) 105 Current transfers -5 Imports (services) -66 1. What is Statsylvania's service trade balance? 2. What is their income balance? 3. What is their current account balance?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![The country of Statsylvania has the following accounts related to other countries:
USS-Billions
-55
Imports (goods)
Exports (services)
Income receipts on Stats investments abroad
Net capital account
Direct investment abroad
Portfolio investment liabilities
Other investments (net)
22
49
-1
-67
41
-12
-13
Income Payments on foreign investments in Statsylvania
Direct investment in Statsylvania
33
Portfolio investment assets
-75
3.
Reserves, etc.
Exports (goods)
105
Current transfers
-5
Imports (services)
-66
1. What is Statsylvania's service trade balance?
2. What is their income balance?
3. What is their current account balance?
4. What is their balance of trade (BOT)?
5. What is the net direct investment in Statsylvania?
6. What is the net portfolio investment position?
7. What is the country's financial and capital account position?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3afd2fdb-c8f8-4787-9a89-8d00537c7227%2F566d9e78-afb2-471c-a7a9-b7ef0052c7cf%2Fwcx1qt_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The country of Statsylvania has the following accounts related to other countries:
USS-Billions
-55
Imports (goods)
Exports (services)
Income receipts on Stats investments abroad
Net capital account
Direct investment abroad
Portfolio investment liabilities
Other investments (net)
22
49
-1
-67
41
-12
-13
Income Payments on foreign investments in Statsylvania
Direct investment in Statsylvania
33
Portfolio investment assets
-75
3.
Reserves, etc.
Exports (goods)
105
Current transfers
-5
Imports (services)
-66
1. What is Statsylvania's service trade balance?
2. What is their income balance?
3. What is their current account balance?
4. What is their balance of trade (BOT)?
5. What is the net direct investment in Statsylvania?
6. What is the net portfolio investment position?
7. What is the country's financial and capital account position?
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps with 2 images
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education