Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Balance of Payments ( Millions of US Dollars ) 2017 Current Account Goods: Exports 1,000 Goods: Imports -1,650 Trade Balance Services: Credit 450 Services: Debit

Balance of Payments (Millions of US Dollars)

2017

Current Account

Goods: Exports

1,000

Goods: Imports

-1,650

Trade Balance

Services: Credit

450

Services: Debit

-300

Balance on Goods and Services

Income: Credit

470

Income: Debit

-410

Balance on Goods, Services and Income

Current Transfers: Credit

20

Current Transfers: Debit

-100

Capital Account

Capital Account: Credit

3

Capital Account: Debit

-1

Financial Account

Direct Investment Abroad

-190

Direct Investment in Reporting Economy

295

Portfolio Investment Assets

Equity Securities

-165

Debt Securities

-135

Portfolio Investment Liabilities

Equity Securities

20

Debt Securities

700

Financial Derivatives Assets

0

Financial Derivatives Liabilities

0

Other Investment Assets

-350

Other Investment Liabilities

260

Net Errors and Omissions

Overall Balance

Reserves and Related Items

Reserve Assets

10

Use of Fund Credit and Loans

0

Exceptional Financing

0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISE Essentials Of Investments

Authors: Zvi Bodie, Alex Kane, Alan Marcus

12th International Edition

1265450099, 9781265450090

More Books

Students also viewed these Finance questions

Question

LO6 Define harassment and the role that HR plays in addressing it.

Answered: 1 week ago