Below are hypothetical transactions of the United States during a given year. Figures are in billions of
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Below are hypothetical transactions of the United States during a given year. Figures are in billions of U.S. Dollars. They are not arranged in any particular order. Please note that not all entries may be relevant to calculate the following:
Travel and transportation receipts, NET……. 25
Merchandise imports ……………………….. 450
Allocation of SDRs………………………….. 15
Receipts on U.S. investments abroad………… 20
Statistical discrepancy………………………… 40
Compensation of employees………………….. –5
Changes in U.S. assets abroad, NET………… –150
Merchandise exports………………………… 375
Other services, NET………………………… 35
Payments on foreign investments in the U.S.. –10
calculate:
- The Merchandise Trade Balance
- The Services Balance
- The Goods and Services Balance
- The Income Balance
- The Unilateral Transfers Balance
- The Current Account Balance
Related Book For
International Marketing And Export Management
ISBN: 9781292016924
8th Edition
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
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