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Below, you can find list of country XYZs economic transactions to be placed in Balance-of-Payments (BOP) Table for a single year in mixed order. By
Below, you can find list of country XYZs economic transactions to be placed in Balance-of-Payments (BOP) Table for a single year in mixed order. By linking the transactions to the appropriate BOP items and headings, prepare a detailed BOP Table for country XYZ. Once you complete the BOP Table, briefly comment on this countrys BOP figures. (Calculate the value of each item in the BOP table)
Transactions:
- The total export volume has reached 125,000,000 $ at the end of the year.
- There is no payment of foreign aid, gifts, reparations and official and private grants; however Country XYZ receives 1,500,000 $ foreign aid from Country XXX.
- Country XYZ made 25,000,000 $ direct investment in Country ABC.
- Tourism income for the year has reached 15,000,000 $
- In net terms, foreign investors have purchased 5,000,000 $ worth of stocks and 2,000,000 $ worth of bonds in country XYZ whereas Country XYZs citizens have purchased a total of 2,000,000 $ worth of stocks and 4,000,000 $ worth of bonds from foreign countries.
- Country XYZs citizens receive 500,000 $ dividend from total stock and 300,000 $ interest from total bonds from foreign countries whereas foreign investors receive 250,000 $ from stocks and 150,000 $ from bonds from XYZ Country.
- Country XYZ has received 50,000,000 $ foreign direct investment.
- Due to the high interest rate in Country XYZ, countries open a bank deposit account worth 15,000,000 $ in Country XYZ.
- The total import volume has reached 180,000,000 $ at the end of the year.
- U.S. engineers are hired by XYZ Country for services which costs 2,500,000 $
- Official reserve account is 23,000,000 $
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