What is a nations cash inflow (outflow) on its current account and its capital account, given the
Question:
What is a nation’s cash inflow (outflow) on its current account and its capital account, given the following information? Was there a net currency inflow or outflow?
Imports ................$314
Exports ................ 201
Direct investments abroad .......... 53
Foreign investments in the country ...... 42
Foreign purchases of domestic securities .... 86
Purchases of foreign securities ........ 129
Net income from foreign investments ..... 77
Government spending abroad ........ 33
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: