Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Luxembourg: Balance of Payment Current Account Credits Debits Exports 292,648 Goods 16,046 Services 84,981 Income 191,621 Imports -289,773 Goods -18,223 Services -64,288 Income -207,262 Trade
Luxembourg: Balance of Payment Current Account Credits Debits Exports 292,648 Goods 16,046 Services 84,981 Income 191,621 Imports -289,773 Goods -18,223 Services -64,288 Income -207,262 Trade Balance -2,177 Balance on current account 2,875 Financial Account Direct Investment 279,792 -231,619 Portfolio Investment 256,484 -355,367 Other investment 59,698 -11,771 Balance on financial account -2,783 Statistical discrepancies -41 Official Reserve Account -51 What is the Debit side of Other Investment In Financial Account?
Step by Step Solution
★★★★★
3.44 Rating (154 Votes )
There are 3 Steps involved in it
Step: 1
Current Account Credits Debits Exports 292648 Goods 16046 Services 84981 Income 191621 Impo...
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
Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
