What is the nation’s trade balance on its current account and capital account given the following information? Is the nation experiencing a cash (outflow) in its current account and capital account? Was there a net currency inflow or outflow? Please prepare a table for both current account and capital account. Imports: $206 Exports: 250 Direct investment abroad: 34 Foreign investments in the country: 16 Foreign purchases of domestic securities: 33 Purchases foreign securities; 87 Net income from foreign investments; 71 Government spending abroad: 33
What is the nation’s trade balance on its current account and capital account given the following information? Is the nation experiencing a cash (outflow) in its current account and capital account? Was there a net currency inflow or outflow? Please prepare a table for both current account and capital account. Imports: $206 Exports: 250 Direct investment abroad: 34 Foreign investments in the country: 16 Foreign purchases of domestic securities: 33 Purchases foreign securities; 87 Net income from foreign investments; 71 Government spending abroad: 33
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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What is the nation’s trade balance on its current account and capital account given the following information? Is the nation experiencing a cash (outflow) in its current account and capital account? Was there a net currency inflow or outflow? Please prepare a table for both current account and capital account.
Imports: $206
Exports: 250
Direct investment abroad: 34
Foreign investments in the country: 16
Foreign purchases of domestic securities: 33
Purchases foreign securities; 87
Net income from foreign investments; 71
Government spending abroad: 33
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