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Drop down 1 options: MORE or LESS Drop down 2: CAPITAL or CURRENT How to calculate drop downs are the same deficit or surplus: deficit
Drop down 1 options: MORE or LESS
Drop down 2: CAPITAL or CURRENT
"How to calculate" drop downs are the same
deficit or surplus: deficit or surplus
2. Looking at credits and debits The following table shows the value of credits and debits in four balance-of-payments accounts in the fictional economy of Moraha. Debits Credits Balance-of-Payments Account (Billions of dollars) (Billions of dollars) Merchandise 80 60 Services 30 20 Income Receipts 35 40 Unilateral Transfers 25 20 Total 170 140 Based on the total values of Moraha's debits and credits, there is into Moraha. This means that Moraha has a deficit in the money flowing out of Moraha to foreign countries than there is flowing account. Merch. and Service Credits - Merch. and Service Debits Merchandise Debits - Merchandise Credits Complete the following table ! able. Sum of Debits - Sum of Credits Merch. and Service Debits - Merch and Service Credits Deficit or Surplus Size of Deficit or Surplus (Billions of dollars) Term Sum of Credits - Sum of Debits Merchandise Credits - Merchandise Debits - Current Account Balance Balance of Trade Grade It Now Save & Continue Continue without savingStep by Step Solution
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