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Balance of Payments Trade between country A and country B. The total export of country A to country B this year is $2.1B and the
Balance of Payments Trade between country A and country B. The total export of country A to country B this year is $2.1B and the total import is $2.66B. Country A also has a total income from their citizens working in country B of S738M, while country B citizens also works in country A and has a total income of $518M, this year. Country A also bought properties and market stocks in country B worth $6.28B and country B bought properties and stocks in countryA worth $3.80B 1. What is the current account of country A? 2. What is the current account of country B? 3. What is the financial account of country A? 4. What is the financial account of country B? 5. Which country has a deficit on current account? 6. Which country has a surplus in financial account? 7. Was there a balance of payments? (Y/N] 8-10. Why do you think learning balance of payment is important in macroeconomics? What is its purpose
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