In the attached Excel files, you are provided with BOP data for China, USA, and Russia between 2014 and 2018. Based on this data, analyze each country’s BOP by providing a detailed analysis. Your analysis should include discussion of how specific accounts (current account, financial account and reserves) in each country’s BOP changed between 2014 and 2018. Finally, based on your country-specific analysis, compare and contrast the basic characteristics of each country’s economic activity in terms of their Current Account, Financial account and Reserves balances, in other words compare them in terms of their Surplus or Deficit for each of these three accounts.

 

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China, P.R.: Mainland: Balance of Payments Analytic Presentation by Country Millions of U.S. Dollars Click here for country specific metadata Debt instruments Other investment, liabilities Other equity Debt instruments Balance on current, capital, and financial account Net errors and omissions Reserves and related items Reserve assets Net credit and loans from the IMF (excluding reserve position) Exceptional financing 2015 2014 328.909,5 82.453,0 50.151,4 -351.538,3 0,0 50.151,4 -351.538,3 33.165,1 184653 -129982 -214211 -66869 -212959 -229414 117783 -342941 117783 -342941 0,0 0,0 2016 349.904,2 33.165,1 (...) Indicates a lack of statistical data that can be reported or calculated from underlying observations (K) Indicates the splice point between official BPM6-basis estimates and IMF converted BPM5-basis estimates Data extracted from IMF Data Warehouse 1/14/2020 7:27:37 AM -443625 -443625 0,0 ... This data report uses the BOP Standard Presentation format as defined in the 6th Edition of the Balance of Payments Manual (BPM6). (-) Indicates that a figure is zero 2017 100.887,5 152.741,5 152.741,5 304562 -213036 91526 91526 0,0 *** 2018 198.421,3 121.426,6 121.426,6 179090 -160213 18877 18877 0,0 China, P.R.: Mainland: Balance of Payments Analytic Presentation by Country Millions of U.S. Dollars Click here for country specific metadata Debt instruments Other investment, liabilities Other equity Debt instruments Balance on current, capital, and financial account Net errors and omissions Reserves and related items Reserve assets Net credit and loans from the IMF (excluding reserve position) Exceptional financing 2015 2014 328.909,5 82.453,0 50.151,4 -351.538,3 0,0 50.151,4 -351.538,3 33.165,1 184653 -129982 -214211 -66869 -212959 -229414 117783 -342941 117783 -342941 0,0 0,0 2016 349.904,2 33.165,1 (...) Indicates a lack of statistical data that can be reported or calculated from underlying observations (K) Indicates the splice point between official BPM6-basis estimates and IMF converted BPM5-basis estimates Data extracted from IMF Data Warehouse 1/14/2020 7:27:37 AM -443625 -443625 0,0 ... This data report uses the BOP Standard Presentation format as defined in the 6th Edition of the Balance of Payments Manual (BPM6). (-) Indicates that a figure is zero 2017 100.887,5 152.741,5 152.741,5 304562 -213036 91526 91526 0,0 *** 2018 198.421,3 121.426,6 121.426,6 179090 -160213 18877 18877 0,0

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ANSWER Based on the provided Balance of Payments data below is a detailed analysis of each countrys BOP between 2014 and 2018 along with a comparison ... View the full answer