Question
Balance of Payment (20 p) In Table 1 the Balance of Payment for the country Oceania is presented. Use the information shown in Table 1
- Balance of Payment (20 p)
In Table 1 the Balance of Payment for the country Oceania is presented. Use the information shown in Table 1 to evaluate the following questions.
(a) Fill in the cells indicated by * .
(b) Does the economy exhibit a current account surplus?
(c) Does the economy exhibit a capital account surplus?
(d) What kind of macroeconomic policy would you propose to solve any kind of disequilibrium in the balance of payment?
Table 1.
| Current Account |
| Capital Account | |||
| Exports | 250.000,00 | Foreign Holdings | 55.000,00 | ||
| Imports | 260.000,00 | Domestic Holdings | 45.000,00 | ||
| Trade Balance |
| ||||
| Services exported | 342.000,00 | ||||
| Services imported | 340.000,00 | ||||
| Services Balance |
| Net Error and Omissions |
| ||
| Income received | 14.999,00 | ||||
| Income payments | 15.500,00 | ||||
| Income Balance |
| ||||
| Transfers received | 50,00 | ||||
| Transfers payments | 33,00 | ||||
| Transfer Balance |
| ||||
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Enterprise Compliance Risk Management An Essential Toolkit For Banks And Financial Services
Authors: Saloni Ramakrishna
1st Edition
1118550285, 978-1118550281
