Calculate the figures that appear in the boxes marked with a question mark in Table 1.

Critically analyse the main differences between Germany and UK balance of payments?

Table 1: Germany and UK Balance of Payments (Euro billion 2019) IMF Basis

	Germany	UK
Balance of Trade	248	?
Balance of Services	-24	132
Balance on Goods and Services	?	-35
IPD	123	-20
Net Transfers	50	-32
Current Account	274	?
Capital Account	-1	-1
Net FDI	62	-46
Net Portfolio	105	-1
Net Other	64	-54
Errors & Omissions	?	16
Overall Balance	-1	?
Change in Reserves	1	?

Answer rating: 100% (QA)

Filling the Table 1 Boxes 1 Balance of Goods and Services This is the sum of Balance of Trade and Balance of Services Germany Balance of Goods and Services Balance of Trade Balance of Services 248 24 ... View the full answer