Calculate Antarcticas current account balance, capital and financial account balance, and the increase in Antarcticas official reserves.

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Calculate Antarctica€™s current account balance, capital and financial account balance, and the increase in Antarctica€™s official reserves.

The table gives some data that describe the economy of Antarctica in 2050:

(billions of dollars) Item 150 Exports of goods and services Net interest Net transfers Foreign investment in Antarctica

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 22, 2018 12:58 AM

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Calculate Antarcticas current account balance, capital and financial account balance, and the increase in Antarcticas official reserves.

Question:

(billions of dollars) Item 150 Exports of goods and services Net interest Net transfers Foreign investment in Antarctica Antarctica's investment abroad 50 -10 35 125 55

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For the current account balance use the definition that ...View the full answer

Foundations of Macroeconomics

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