Explain how an economy may face a deficit in its trade in goods yet have a surplus

Question:

Explain how an economy may face a deficit in its trade in goods yet have a surplus on its current account of the balance of payments.

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

Step by Step Answer:

Related Book For book-img-for-question

Cambridge International AS And A Level Economics Coursebook

ISBN: 9781107679511

3rd Edition

Authors: Colin Bamford, Susan Grant

See More Books

Question Posted: Sep 14, 2021 01:18 AM

See More Questions

Must a country with a deficit in its CA also have a government budget deficit? Under what conditions, if any, could the nation with a budget surplus have deficit in its CA? Fully explain.
If the United States runs a deficit in its current account of $100 billion and receives a net inflow of $60 billion on long-term investments in a year, by how much will its short-term capital flows...
What are the five components of the balance of payments statement?
Explain why entrepreneurial firms are often in a strong position to use combination strategies.
A gas has an initial pressure of 87.0 torr and an initial volume of 28.5 mL. What is its new volume if pressure is changed to 206 torr? Assume temperature and amount are held constant.
Angel Creek Nursey, with an authorization of 40,000 shares of preferred stock and 150,000 shares of common stock, completed several transactions involving its stock on August 15, the first day of...
Suppose the USGA wants to compare the mean distances reached of four different brands of golf balls struck with a driver. A completely randomized design is employed, with Iron Byron, the USGAs...
Multiple-Choice 1. Which document helps to ensure that the receiving clerks actually count the number of goods received? a. Packing list b. Blind copy of purchase order c. Shipping notice d. Invoice...
Direct materials variances Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price is $3.65 per pound. 15,200 units used 36,600 pounds, which were...
Bidwell Electronics Inc. recently surveyed a sample of employees to determine how far they lived from corporate headquarters. The results are shown below. Compute the mean and the standard deviation....
Discuss whether a satisfactory balance of payments, a strong exchange rate and a low rate of inflation are likely to be achieved at the same time.
Comment on the case for introducing an indirect tax on plastic bags compared with that of banning their use in many Indian cities. India leads with bans on plastic bags. On June 20 2014, the Times of...
Based in Yonkers, New York, Greyston Bakery has been baking brownies since 1982. The company was founded by a Zen Buddhist priest, Bernard Glassman. Glassman was a former aerospace engineer with a...
The four classic leadership styles There are four leadership styles which are prominent in today's businesses and companies. They are Laissez-faire, Autocratic, Democratic, and Charismatic...
How can conflict be viewed positively? Cite a specific example of when this might be the case. Under what circumstances might "avoiding" conflict be "managing" conflict? In other words, when might...
Visit the website and answer the questions below. https://www.forbes.com/advisor/business/software/best-crm-small-business/ Based on the CRM software discussed in the article, which 3 software...
Planning consists of translating and organizations mission and vision into objectives. The organization's purpose is expressed as a mission statement, and what it becomes is expressed as a vision...
Question 1- Visit the Boots and Hearts Festival website: www.bootsandhearts.com. Using the information you find on the site, make an analysis of the festival's Strengths, Weaknesses, Opportunities...
Are the variables cross-sectional data or time-series data?
The roof of a refrigerated truck compartment is of composite construction, consisting of a layer of foamed urethane insulation (t2 = 50 mm, ki = 0.026 W/m K sandwiched between aluminum alloy panels...
As the director of the multistate tax planning department of a consulting firm, you are developing a brochure to highlight the services it can provide. Part of the brochure is a list of five or so...
Castle Corporation conducts business in States 1, 2, and 3. Castle's $630,000 taxable income consists of $555,000 apportionable income and $75,000 allocable income generated from transactions...
Complete the following chart by indicating whether each item is true or false. Explain your answers by referencing the overlap of rules appearing in Federal and most state income tax laws. True or...
Your firm is planning to invest in an automated packaging plant. Harburtin Industries is an all - equity firm that specializes in this business. Suppose Harburtin ' s equity beta is 0 . 8 7 , the...
Ned Allen opened a medical practice in Los Angeles, California, and had the following transactions during the month of January. (Click the icon to view the January transactions.) Journalize the...
do you need more information or are you working on this? Irene Watts and John Lyon are forming a partnership to which Watts will devote one- half time and Lyon will devote full time. They have...

Explain how an economy may face a deficit in its trade in goods yet have a surplus

Question:

Step by Step Answer:

Current account surpluses refer to positive current a...View the full answer

Cambridge International AS And A Level Economics Coursebook

Students also viewed these Business questions