Question
Construct the balance of payment table for Japan for the year 2006 which is comparable in format to Exhibit 3.1, page 66, to calculate the
Construct the balance of payment table for Japan for the year 2006 which is comparable in format to Exhibit 3.1, page 66, to calculate the missing information data (Services; balance current account; balance on financial account; Statistical discrepancies). Please show your calculation clearly.
Please provide a paragraph to explain your result of your answer
Please show your clear calculation.You cannot just input the number only.
A summary of the Japanese Balance of Payments for 2000 (in $ billion)
| Credits | Debits |
Current Account |
|
|
(1) Exports | 898.91 |
|
(1.1) Marchandise | 615.81 |
|
(1.2) Services | 117.30 |
|
(1.3) Factor income | 165.80 |
|
|
|
|
(2) Imports |
| -717.72 |
(2.1) Merchandise |
| ?? |
(2.2) Services |
| -135.56 |
(3.3) Factor income |
| -47.65 |
|
|
|
(3) Unilateral transfer | 6.18 | -16.85 |
|
|
|
Balance on current account | ?? |
|
[(1) + (2) + (3)] |
|
|
|
|
|
Capital Account |
|
|
(4) Direct investment | -6.78 | -50.17 |
(5) Portfolio investment | 198.56 | -71.04 |
(5.1) Equity securities | 71.44 | -25.04 |
(5.2) Debt securities | 127.12 | -46.00 |
(6) Other investment | -86.67 | -91.00 |
|
|
|
Balance on financial account |
| ?? |
[(4) + (5) + (6)] |
|
|
(7) Statistical discrepancies |
| ?? |
Overall balance | 31.98 |
|
Official Reserve Account |
| -31.98 |
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