The table gives some information about Nordland's international transactions in 2016. Calculate the current account balance, the capital and financial account balance, and the official settlements account balance. >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign. The current account balance is billion dollars. Item Imports of goods and services Foreign investment in Nordland Exports of goods and services Nordland's investment abroad Net interest income Net transfers Statistical discrepancy Billions of dollars 900 1,200 1,250 500 6 -70 - 10
The table gives some information about Nordland's international transactions in 2016. Calculate the current account balance, the capital and financial account balance, and the official settlements account balance. >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign. The current account balance is billion dollars. Item Imports of goods and services Foreign investment in Nordland Exports of goods and services Nordland's investment abroad Net interest income Net transfers Statistical discrepancy Billions of dollars 900 1,200 1,250 500 6 -70 - 10
Chapter36: Exchange Rates And Financial Links Between Countries
Section: Chapter Questions
Problem 5E
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Question
![The table gives some information about Nordland's international transactions in 2016.
Calculate the current account balance, the capital and financial account balance, and the official settlements account balance.
>>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign.
The current account balance is billion dollars.
Item
Imports of goods and services
Foreign investment in Nordland
Exports of goods and services
Nordland's investment abroad
Net interest income
Net transfers
Statistical discrepancy
Billions
of dollars
900
1,200
1,250
500
6
- 70
- 10](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5aac2078-b8cd-4e98-8307-d4ab7a7c3f18%2F8577c5f0-a615-4043-bb75-2c795eb6f7f2%2Fvkbl05_processed.png&w=3840&q=75)
Transcribed Image Text:The table gives some information about Nordland's international transactions in 2016.
Calculate the current account balance, the capital and financial account balance, and the official settlements account balance.
>>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign.
The current account balance is billion dollars.
Item
Imports of goods and services
Foreign investment in Nordland
Exports of goods and services
Nordland's investment abroad
Net interest income
Net transfers
Statistical discrepancy
Billions
of dollars
900
1,200
1,250
500
6
- 70
- 10
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