What is Chinas total for Groups A through D? Use the following balance of payments data for
Question:
What is China’s total for Groups A through D?
Use the following balance of payments data for China (Mainland) from the IMF to answer this problem.
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Assumptions (million US$) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 A. Current account balance 20,518 17401 35,422 45,875 68,659 134,082 231,844 353,183 420,569 243,257 237,810 136,097 215,392 182,807 B. Capital account balance -35 -54 -50 -48 -69 4,102 4,020 3,099 3,051 3,938 4,630 5,446 4,272 3,052 C. Financial account balance 1,958 34,832 32,341 52,774 110,729 96,944 45,285 91,132 37,075 194,494 282,234 260,024 -36,038 323,151 D. Net errors -11,748 -4,732 7,504 17,985 10,531 and omissions E. Reserves and related items 15,847 3,502 13,237 18,859 -41,181 -53,016 -13,768 -87,071 -77,628 -10,693 -47,447 -75,217 -116,586-189,849-250,975-284,651-460,651-479,554-400,508-471,658-387,799 -96,555 -431,382
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Multinational Business Finance
ISBN: 9781292097879
14th Global Edition
Authors: David Eiteman, Arthur Stonehill, Michael Moffett
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