Answered step by step
Verified Expert Solution
Question
1 Approved Answer
14. Balance of payment statement of a country is given below which is incomplete, find the relevant values in the yellow boxes and interpret the
14. Balance of payment statement of a country is given below which is incomplete, find the relevant values in the yellow boxes and interpret the statement. (5+5 Marks) Balance of Payment statement of a country for 2020 (Jan-April) Item Credit Debit Net A. CURRENT ACCOUNT I. MERCHANDISE (Goods account) 82,729 128,941 -46,212 II. INVISIBLES ( Services Account) 77,957 46,091 31,866 III. Unilateral Transfers Account 120 120 0 B. CAPITAL ACCOUNT 1. Long Term account 88,393 69,659 2. Short term Account 52,639 43,491 Total Current Account Total Capital Account E. International Liquidity Account (i+1) i) I.M.F. 0 0 0 ii) Foreign Exchange Reserves (Increase - / Decrease +)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started