Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2004, 2007 AND 2009 ? China's (Mainland) Balance of Payments. Use the following balance of payments data for China (Mainland) from the IMF Is China
2004, 2007 AND 2009 ?
China's (Mainland) Balance of Payments. Use the following balance of payments data for China (Mainland) from the IMF Is China experiencing a net capital inflow or outflow in years 2004, 2007 and 2009? The net capital flow in year 2004 was (in millions) $ (Round to the nearest integer and enter any deficit with a negative sign.) China's (Mainland) Balance of Payments Assumptions (millions of US$) 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 A. Current account balance 20,518 17,401 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 and omissions - 11,748 -4,732 7,504 17,985 10,530 15,847 3,502 13,237 18,859 - 41,181 -53,016 - 13,768 - 87,071 - 77,628 E. Reserves and related items - 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 - 431,382Step 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