Australia's Current Account. Use the following balance of payments data for Australia from the IMF: What...

  

 

Transcribed Image Text:

Australia's Current Account. Use the following balance of payments data for Australia from the IMF: What is Australia's current account balance for years 2011, 2015, and 2017? The current account balance for year 2011 is (in millions) $ The current account balance for year 2015 is (in millions) $ The current account balance for year 2017 is (in millions) $ (Round to the nearest integer and enter any deficit with a negative sign.) (Round to the nearest integer and enter any deficit with a negative sign.) (Round to the nearest integer and enter any deficit with a negative sign.) Australia's Current Account Millions of US dollars Goods: credit (exports) Goods: debit (imports) Services: credit (exports) Services: debit (imports) Primary income: credit Primary income: debit Secondary income: credit Secondary income: debit 2010 213,782 - 196,303 46,968 - 51,313 35,711 - 84,646 5,813 - 7,189 2011 271,719 - 249,238 51,653 - 61,897 47,852 - 102,400 7,510 - 9,723 2012 257,950 - 270,136 53,034 - 65,405 47,168 - 88,255 7,271 - 9,635 2013 254,180 - 249,700 53,550 -67,977 46,316 -85.289 7,109 -9,346 2014 2015 240,704 188,212 - 240,252 54,240 -63,549 46,637 - 79,805 6,962 - 8,996 - 207,225 54,894 - 63,656 39,413 - 67,763 6,586 -7,419 2016 192,907 - 198,703 58,024 - 62,466 39,530 - 69,556 6,567 -7,339 2017 231,566 -231,064 65.174 - 68,474 42,603 - 84,511 6,946 - 8,192 2018 257,849 - 236,906 69,470 - 73,319 48,543 - 94,786 7,159 -7,796 2019 271,441 - 223,427 70,990 - 72,035 49,866 -88,067 7,047 -7,782 2020 250,660 - 210,721 48,382 - 38,347 45,613 - 60,852 6,722 - 7,629 Australia's Current Account. Use the following balance of payments data for Australia from the IMF: What is Australia's current account balance for years 2011, 2015, and 2017? The current account balance for year 2011 is (in millions) $ The current account balance for year 2015 is (in millions) $ The current account balance for year 2017 is (in millions) $ (Round to the nearest integer and enter any deficit with a negative sign.) (Round to the nearest integer and enter any deficit with a negative sign.) (Round to the nearest integer and enter any deficit with a negative sign.) Australia's Current Account Millions of US dollars Goods: credit (exports) Goods: debit (imports) Services: credit (exports) Services: debit (imports) Primary income: credit Primary income: debit Secondary income: credit Secondary income: debit 2010 213,782 - 196,303 46,968 - 51,313 35,711 - 84,646 5,813 - 7,189 2011 271,719 - 249,238 51,653 - 61,897 47,852 - 102,400 7,510 - 9,723 2012 257,950 - 270,136 53,034 - 65,405 47,168 - 88,255 7,271 - 9,635 2013 254,180 - 249,700 53,550 -67,977 46,316 -85.289 7,109 -9,346 2014 2015 240,704 188,212 - 240,252 54,240 -63,549 46,637 - 79,805 6,962 - 8,996 - 207,225 54,894 - 63,656 39,413 - 67,763 6,586 -7,419 2016 192,907 - 198,703 58,024 - 62,466 39,530 - 69,556 6,567 -7,339 2017 231,566 -231,064 65.174 - 68,474 42,603 - 84,511 6,946 - 8,192 2018 257,849 - 236,906 69,470 - 73,319 48,543 - 94,786 7,159 -7,796 2019 271,441 - 223,427 70,990 - 72,035 49,866 -88,067 7,047 -7,782 2020 250,660 - 210,721 48,382 - 38,347 45,613 - 60,852 6,722 - 7,629

Answer rating: 100% (QA)

A Export of goods Export of Services Income Recipt Less Imports Less Im... View the full answer