Question: Answers already filled out. Please show complete work as how to get the answer. Listed below is U.S.'s BOP from year 2005-2009. What was the
Answers already filled out. Please show complete work as how to get the answer.

Listed below is U.S.'s BOP from year 2005-2009. What was the balance of current account in 2008? BCA=-686644 In 2008, what was the balance of the Financial and Capital Account? Did the U.S. experience a capital inflow or outflow in this year? BKA=731733, capital inflow The U.S. invested $284268 in foreign countries in 2008. True or False? Explain please. False. The capital flew back into the U.S. It should be interpreted as the U.S. undid investment of $284268 in foreign countries in 2008. Did the amount of reserve (e.g. gold, foreign currencies, SDRs) increase or decrease in 2008? By how much (in dollar value)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
