Why has the goods and services balance sometimes shown a surplus while the merchandise trade balance shows

Question:

Why has the goods and services balance sometimes shown a surplus while the merchandise trade balance shows a deficit?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

International Economics

ISBN: 978-1285854359

15th edition

Authors: Robert Carbaugh

See More Books

Question Posted: Oct 25, 2016 11:02 AM

See More Questions

Madison Perry, CPA, is conducting an audit of Parker Inc. In so doing, Perry is performing a study of Parkers internal control and has identified a number of important controls related to purchases...
Vision has operated well-known gift and souvenir shops called Treasure Trove in its hotels for several years. The shops offer a variety of hats, T-shirts, mugs, and toys that display the mark CLUB...
Think about the goods and services provided by your local government. a. Using the classification in Figure, explain which category each of the following goods falls into: Police protection Snow...
Ag Bio Tech (ABT) was organized on January 1, 2013, by four friends. Each organizer invested $10,000 in the company and, in turn, was issued 8,000 shares of common stock. To date, they are the only...
Refer to this chapters Managerial Application Just-in-Time Production in Japan and the Internal Revenue Service in the United States. Why did the Internal Revenue Service dispute the transfer prices?...
Consider the following decision table, which Joe Blackburn has developed for Vanderbilt Enterprises: Which decision alternative maximizes the expected value of thepayoff? STATES OF NATURE MEDIUM S100...
The Foreign Corrupt Practices act can levy fines of more than five hundred million against companies our size that do not eliminate corruption in their operations abroad. Can you understand why the...
Quay Co. had the following transactions during the current period. Mar. 2 Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $30,000 for services performed in...
Q6). For the Given Functions determine the following a). f(x) = 3 x2+2x-1 What is f(-2). Show your work 0 What is a). f(-2)= b). f(0), c). f(-1)
Presented here are the accounts of Hometown Décor Company for the year ended December 31, 2018. Requirements 1. Prepare Hometown Décor Company's income statement. 2. Prepare the...
Given the hypothetical items shown in Table 10.9, determine the international investment position of the United States. Is the United States a net creditor nation or a net debtor nation? TABLE 10.9...
What does the balance of international indebtedness measure? How does this statement differ from the balance-of-payments?
Prepare in proper form the journal entries (budgetary and actual) to record the following transactions and events in the General Ledger, Revenues Ledger, and Expenditures Ledger of a Special Revenue...
Xuemeihas been managing five portfolios for the last year. She has collected the following information and has begun to make several calculations for five two stock portfolios: 1 12345 rate of return...
Draw the circuit schematic from the breadboard view above. The value of the capacitor is 1 microfarad. The resistor band colors are yellow, violet, red, gold. (b) What is the transfer function H(f)=...
Describe a cluster of related industries that produce internationally competitive goods or services and explain how it is related to the other three elements in Porter's diamond modeli.e. factor...
Given the following bases for P2, find P, the change of coordinates matrix from B to C. C-B B = {-2x - 2x -6, -7x - 13x - 7, 3x - 2x + 7} C = {x + x + 1, x + 1,1} P = C-B = Ex: 1
What is the output of the last cout statement in the following code, assuming the user first enters "Travis" then presses enter, then enters "The grass is always greener" then presses enter. int...
In the following pseudocode, what percentage raise will an employee in Department 10 receive? if department < 2 then raise = SMALL_RAISE else if department < 6 then raise = MEDIUM_RAISE else if...
Refer to the information from Exercise 22-19. Use the information to determine the (1) Weighted average contribution margin , (2) Break-even point in units, and (3) Number of units of each product...
In general, what can be concluded about the impact of transportation costs on the price of the traded product in each trading nation? The extent of specialization? The volume of trade?
For more than a century, labor unions have attempted to improve wages, benefits, and working conditions for their members. In the United States, unions represented about one-third of all workers in...
The possibility that the United States could lose from free trade is at the heart of some recent critiques of globalization. One critique contends that the world has tended to become "flat" as...
How do neoliberal economic policies intersect with globalization, and what impact do they have on global trade dynamics and income inequality?
Exercise 1. Packets of socks made by Oliver & Hardy company are sold to consumers for $2.49. Retailers ear 27% on the retail selling price. Wholesalers typically earn 25% mark-up on their cost of...
On March 31, 20Y9, the balances of the accounts appearing in the ledger of Royal Furnishings Company, a furniture store, are as follows: Accounts Receivable Accumulated Depreciation-Building...

Why has the goods and services balance sometimes shown a surplus while the merchandise trade balance shows

Question:

Step by Step Answer:

If the surplus balance on the service account exceeds the deficit balance on the merchandise ...View the full answer

International Economics

Students also viewed these Economics questions