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a) The table below shows Opulenzas international transactions in 2020. Use the information in the following table (all the numbers are in billions of
a) The table below shows Opulenzas international transactions in 2020. Use the information in the following table (all the numbers are in billions of opuls, Opulenzas currency) to fill in the blank and prepare a balance of payments account. Make sure to include appropriate signs (+ or -). Exports of goods and services Imports of goods and services Statistical Discrepancy Unilateral transfer received Unilateral transfer given Imports of factor services Balance on Current account Balance on Financial account Foreign owned assets in Opluenza net increase Export of factor services Balance on capital account Opulenza owned assets abroad net increase Capital transfers given Capital transfers received 4000 3,400 ? 200 400 500 ? ? 400 1,500 ? 1,100 1,500 1,000 B) your uncle David from Idaho buys a newly issued share of stock in the U.K. Oil giant British Petroleum (BP) paying $95 with funds from his checking account with Bank of America BP, in turn deposits the $95 david has paid into own U.S. bank account Zions bank in Utah Show how the above effects the U.S. BOP. include a description of the debit and credit items, and in each case write down which specific account is affected (e.g... imports of goods and services, IM; exports of home financial account assets; and so on)
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A Lets prepare Opulenzas balance of payments account using the provided information Balance on the Current Account Exports of goods and services 4000 ...Get Instant Access to Expert-Tailored Solutions
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