The following list gives the balance of payments account? information: Increase in foreign holdings of assets in
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Question:
The following list gives the balance of payments account? information:
Increase in foreign holdings of assets in the United States ? $1,181
Exports of goods 856
Imports of services ?256
Net transfers - 60
Exports of services 325
Income received on investments 392
Imports of goods ??1,108
Increase in U.S. holdings of assets in foreign countries ?-1,040
Income payments on investments ?315
Assume the balance on the capital account is zero.
Based on this? information, fill in the? following: Balance of Trade ?$_____. Balance on Current Account $______. Balance on Financial Account ?$_______. Statistical Discrepancy ?$_______. Balance of Payments ?$________.
Related Book For
OM operations management
ISBN: 978-1285451374
5th edition
Authors: David Alan Collier, James R. Evans
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