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?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 44P: Imagine that the U.S. economy finds itself in the following situation: a government budget deficit...
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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?
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?
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