Why has the goods and services balance sometimes shown a surplus while the merchandise trade balance shows
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
If the surplus balance on the service account exceeds the deficit balance on the merchandise ...View the full answer
Answered By
Sandip Agarwal
I have an experience of over 4 years in tutoring. I have solved more than 2100 assignments and I am comfortable with all levels of writing and referencing.
4.70+
19+ Reviews
29+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Madison Perry, CPA, is conducting an audit of Parker Inc. In so doing, Perry is performing a study of Parkers internal control and has identified a number of important controls related to purchases...
-
Vision has operated well-known gift and souvenir shops called Treasure Trove in its hotels for several years. The shops offer a variety of hats, T-shirts, mugs, and toys that display the mark CLUB...
-
Think about the goods and services provided by your local government. a. Using the classification in Figure, explain which category each of the following goods falls into: Police protection Snow...
-
Ag Bio Tech (ABT) was organized on January 1, 2013, by four friends. Each organizer invested $10,000 in the company and, in turn, was issued 8,000 shares of common stock. To date, they are the only...
-
Refer to this chapters Managerial Application Just-in-Time Production in Japan and the Internal Revenue Service in the United States. Why did the Internal Revenue Service dispute the transfer prices?...
-
1. As the top managers of their company, what types of issues might Bert and John have to deal with? Be as specific as possible. Which management functions might be most important to them? Why? 2....
-
Find the natural time period of oscillation of the pendulum shown in Fig. 13.1(a) when it oscillates between the limits \(\theta=-\pi / 2\) and \(\theta=\pi / 2\), using Eqs. (13.1) and (13.12)....
-
Castellitto Company sells automatic can openers under a 75-day warranty for defective merchandise. Based on past experience, Castellitto estimates that 3% of the units sold will become defective...
-
How collaborative leadership can help principals balance discipline with other responsibilities? How would you intentionally structure your leadership teams to address instructional leadership?
-
Penny Lyman is the owner and operator of Go109, a motivational consulting business. At the end of its accounting period, December 31, 20Y1, Go109 has assets of $659,000 and liabilities of $165,000....
-
Given the hypothetical items shown in Table 10.9, determine the international investment position of the United States. Is the United States a net creditor nation or a net debtor nation? TABLE 10.9...
-
What does the balance of international indebtedness measure? How does this statement differ from the balance-of-payments?
-
In 1974, the Mansells built a garage with a dirt floor at the back of their property. The structure went beyond the Mansells' property line and encroached approximately fourteen feet on the...
-
After 17 months of negotiations, the Federal Communications Commission announced in July 2008 its approval of the merger between the worlds only satellite radio broadcasters, Sirius Satellite Radio...
-
Interest rates in Turkey were relatively stable at 8 percent from 2015 through April 2018 but were increased to 17.75 percent in June of that year for two months. Higher interest rates increase the...
-
A $1 increase in government spending will raise equilibrium income more than a $1 tax cut will, yet both have the same impact on the budget deficit. So if we care about the budget deficit, the best...
-
In December 2018, tickets to a concert by Andy Lau, a Cantopop legend, that cost HK$980 had a resale price between HK$3,500 and HK$5,000, more than six times their face value. Scalpers usually buy...
-
In November 2018, Japan Airlines booked 400 people for a flight from Tokyo to Fukuoka that could take only 375 passengers. Suppose two alternatives are proposed to decide which 25 passengers would...
-
For the year ended December 31, 2022, the job cost sheets of Cinta Company contained the following data. Other data: 1. Raw materials inventory totaled $15,000 on January 1. During the year, $140,000...
-
1. Advertising for eyeglasses _________ (increases/decreases) the price of eyeglasses because advertising promotes _________. 2. An advertisement that succeeds in getting consumers to try the product...
-
In general, what can be concluded about the impact of transportation costs on the price of the traded product in each trading nation? The extent of specialization? The volume of trade?
-
For more than a century, labor unions have attempted to improve wages, benefits, and working conditions for their members. In the United States, unions represented about one-third of all workers in...
-
The possibility that the United States could lose from free trade is at the heart of some recent critiques of globalization. One critique contends that the world has tended to become "flat" as...
-
In the 2004 Survey of Inmates in State and Federal Correctional Facilities, 32% of state prisoners and 26% of federal prisoners said they had committed their current offense while under the influence...
-
Hogwarts University (Hogwarts) is a private University located in Brisbane. Slytherin Bank Pty Ltd (Slytherin) is a private company that markets its banking products to young adults. In mid-2016, as...
-
a. Why is the capital-budgeting process so important? b. Why is it difficult to find exceptionally profitable projects? c. What is the payback period on each project? If Caledonia imposes a 4-year...
Study smarter with the SolutionInn App