Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dinotopia's Balance of Payments Account, 2014 (billions of $) CURRENT ACCOUNT || Exports of products and services II 566 Imports of products and services ll

image text in transcribed
image text in transcribed
Dinotopia's Balance of Payments Account, 2014 (billions of $) CURRENT ACCOUNT || Exports of products and services II 566 Imports of products and services ll - 579 Net investment/labourltransfer income ll - 29 FINANCIAL ACCOUNT || Dinotopian investments in R.0.W. ll - 112 R.0.W. investments in Dinotopia ll 77 The table shown above has selected data from Dinotopia's 2014 Balance of International Payments. From these data it can be determined that in 2014 Dinotopia had a O A. nancial account balance of $35 billion. 0 B. current account balance of $ - 13 billion. 0 C. current account balance of $537 billion. 0 D. statistical discrepancy of $77 billion

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

Organizational Behavior And Management

Authors: John Ivancevich, Michael Matteson

6th Edition

0072436387, 978-0072436389

More Books

Students also viewed these Economics questions

Question

1. Arouse curiosity with questions such as What would happen if?

Answered: 1 week ago

Question

The buyer who pays cash for an account receivable referred to as a

Answered: 1 week ago

Question

5. How can I help others in the network achieve their goals?

Answered: 1 week ago