FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Country A'sGDPamounted to$510billion last year. The current account balance was equal to2.5% ofGDP. Calculate the dollar value of trade in services given that the other

Country A'sGDPamounted to$510billion last year. The current account balance was equal to2.5% ofGDP. Calculate the dollar value of trade in services given that the other components of the current account balance account for29% of the total current account balance. Round all calculations and your final answer to two decimal places.

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

Fundamentals of Managerial Economics

Fundamentals of Managerial Economics

Authors: Mark Hirschey

9th edition

324584830, 978-0324588781, 032458878X, 978-0324584837

More Books

Students also viewed these Economics questions

Question

★★★★★
What is the relationship between NPV and profitability index (PI)?

Answered: 1 week ago

Question

★★★★★
Customers arrive an average of 10 per hour and an average of 16 customers can be served in an hour. Assuming this is an M/M/1 model, what is the average length of the line?

Answered: 1 week ago

Question

★★★★★
3. How effective is the one size fits all approach to offender rehabilitation? Has programme accreditation been successful in the aim of reducing recidivist behaviour?

Answered: 1 week ago

Question

★★★★★
The center of gravity G of a 3.5-lb unbalanced tracking wheel is located at a distance r = 0.9 in. from its geometric center B. The radius of the wheel is R = 3 in. and its centroidal radius of...

Answered: 1 week ago

Question

★★★★★
Write a program that will demonstrate some of the C++ Library Functions, Stream Manipulators, and Selection Control Structures. The user will be given a menu of four choices. They can input a 1 for...

Answered: 1 week ago

Question

★★★★★
X X X U @ . WEBCAM RECORDING 0-A02 Sept2023 (1) Edna Alcantara 10/29/23 9:25 AM @ liz: Ch 8 Question 1 of 6 This quiz: 21 point(s) possible This question: 5 point(s) possible Submit quiz tion list K...

Answered: 1 week ago

Question

★★★★★
PROBLEM 1 Eudora Corporation manufactures a propeller. Shown below is Eudora's cost structure: ...................................................Variable cost per...

Answered: 1 week ago

Question

★★★★★
Consider an optical ground sensor at 35N latitude & 35E longitude. The image plane of its camera is 1500 pixels by 2000 pixels, the size of each pixels 0.005 mm by 0.005 mm, and the focal length is...

Answered: 1 week ago

Question

★★★★★
241. Two smooth circular cylinders each of weight 1500 N and radius 20 cm, are connected at their centers by a string AB of length of 50 cm and rest upon a horizontal plane, supports above then a...

Answered: 1 week ago

Question

★★★★★
Sarah Johnson is the health information manager for the Columbus County Alcohol and Drug Treatment Center, a CARF-accredited, publicly funded treatment facility. As a member of the quality...

Answered: 1 week ago

Question

★★★★★
Learning Outcomes 1. Implement a class with many members 2. Implement properties, initializers, and class methods 3. Override methods inherited from object 4. Design methods to avoid using mutable...

Answered: 1 week ago

Question

★★★★★
on the job can create anxiety and depression and reduce your effectiveness at work. Group of answer choices Succeeding Bullying Information gathering Time management

Answered: 1 week ago

Question

★★★★★
1. What does this mean for me?

Answered: 1 week ago

Question

★★★★★
2. Think of a person you really appreciate and who is a role model for you, such as something you admire for what the person does or has done (historical people, friends, family, from fairy tales,...

Answered: 1 week ago

Question

★★★★★
5. List at least three personal roles that you want to perform better. What can you imagine doing to perform better in these three personal roles. Use tomorrow to improve what you think can be...

Answered: 1 week ago

Previous Question Next Question