USExports of GoodsImports of GoodsExports of ServicesImports of ServicesIncome earned from US owned assets abroadBillions USD56914433Income paid to foreign assets located in USNet Unilateral TransfersRefer to the above table. The goods and services balance =38-84

This can be defined as a concept that shows the continuous progress in any nation It does not happen…

US Exports of Goods Imports of Goods Exports of Services Imports of Services Income earned from US owned assets abroad Billions USD 56 91 4 43 3 38 -84 Income paid to foreign assets located in US Net Unilateral Transfers Refer to the above table. The goods and services balance =

US Exports of Goods Imports of Goods Exports of Services Imports of Services Income earned from US owned assets abroad Billions USD 56 91 4 43 3 38 -84 Income paid to foreign assets located in US Net Unilateral Transfers Refer to the above table. The goods and services balance =

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question 3 These questions require application of economic theory. Answer ALL the questions. Q.3.1 Each of the transactions indicated in Q.3.1.1 to Q.3.1.5 must be entered into South Africa's Balance of Payments. Identify which main account and which sub- account on the balance of payments is applicable for each transaction. Q.3.1.1 Mr Mabane, a South African citizen, purchases the shares of a public company listed on the London Stock Exchange. Q.3.1.2 The earnings of a South African doctor working in a hospital in Uganda. Q.3.1.3 Dutch tourists visit Cape Town and stay in the Vineyard Hotel in Newlands.
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Exports of goods and services 1,872 Imports of goods and services 2,375 Net unilateral transfers -99 Net Investment Income 170 Capital Account -7 Net US acquisition of financial assets 958 Net US incurrence of liabilities 1,391 Net financial derivatives -14 Based on the table above, the balance on the financial account is Group of answer choices 454 447 -14 -447
1a Russia's BOP in year 2006 was (in millions) $ 1b The net capital flow in year 2006 was (in millions) $
US donates made-in-US vaccines to South Africa. How is the transaction recorded on the U.S. balance of payments accounts? debit: net unilateral transfers; credit: merchandise trade debit: merchandise trade; credit: net unilateral transfers debit: merchandise trade; credit: capital and financial account debit: capital and financial account; credit: merchandise trade
3. The balance of payments The following table shows a hypothetical balance-of-payments statement for the United States. All figures are in billions of dollars. Complete the table by filling in the missing cells. Balance of Payments (Billions of U.S. dollars) Current Account Goods and Services Exports 200 Goods and Services Imports -280 Trade Balance Income (net) Current Account Balance Capital Account U.S. Capital Inflow U.S. Capital Outflow Capital Account Balance Statistical Discrepancy 98 -62 10 According to the table, the United States is running a trade The net balance of payments equals $ billion.
The following table shows the value of credits and debits in four balance-of-payments accounts in the fictional economy of Moraha. Debits Balance-of-Payments Account (Billions of dollars) 80 30 35 25 Merchandise Services Income Receipts Unilateral Transfers Total 170 Based on the total values of Moraha's debits and credits, there is Moraha. This means that Moraha has a deficit in the Credits (Billions of dollars) 60 20 40 20 140 money flowing out of Moraha to foreign countries than there is account.
US Exports of Goods Imports of Goods Exports of Services Imports of Services Billions USD 22 6 34 21 22 14 -29 Income earned from US owned assets abroad Income paid to foreign assets located in US Net Unilateral Transfers Refer to the above table. With no statistical discrepancy, the capital and financial account balance
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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
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A Canadian professor is paid to teach a summer course in Singapore for 8 weeks. How is the transaction recorded on Canada's balance of payments accounts? debit: service trade; credit: capital and financial account debit: income balance; credit: capital and financial account debit: capital and financial account; credit: service trade debit: capital and financial account; credit: income balance