Question
3. Examine the following summary of German balance of payments for 2018 (in $ bns) and fill in the blank entries. Balance of Payments Credit
3. Examine the following summary of German balance of payments for 2018 (in $ bns) and fill in the blank entries. | ||||||
Balance of Payments | Credit | Debit | ||||
Current Account | ||||||
(1) Exports | ||||||
(1.1) Goods | 1,527.10 | |||||
(1.2) Services | 342.80 | |||||
(2) Imports | (1,630.30) | |||||
(2.1) Goods | (1,264.60) | |||||
(2.2) Services | (365.70) | |||||
(3) Primary Income | 257.30 | (149.50) | ||||
(4) Secondary Income | 80.80 | (136.90) | ||||
Balance on Current Account | ||||||
Capital Account | 51.30 | (48.90) | ||||
Balance on Capital Account | 2.40 | |||||
Financial Account | ||||||
(5) Direct Investment | 105.30 | (159.10) | ||||
(6) Portfolio Investment | (51.40) | |||||
(6.1) Equity Securities | 1.10 | (34.00) | ||||
(6.2) Debt Securities | (52.50) | (48.50) | ||||
(6.3) Derivatives | - | (27.50) | ||||
(7) Other Investment | 99.40 | (154.70) | ||||
Balance on Financial Account |
| |||||
(8) Statistical Discrepancies | (22.70) | |||||
Overall balance |
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Official Reserve Account |
|
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Check |
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