Question
Find the balance of trade, balance of current account and the overall balance of payments with the help of the following figures: ITEM DEBIT CREDIT
Find the balance of trade, balance of current account and the overall balance of payments with the help of the following figures:
| ITEM | DEBIT | CREDIT |
| Trade in goods | 55,383 | 38,285 |
| Services, such as travel, transport and others | 11,865 | 15,720 |
| Statistical discrepancy | - | 323 |
| Unilateral transfer | 34 | 12,672 |
| Foreign-investment | 7,123 | 12,240 |
| External assistance | 2,183 | 3,074 |
| External commercial borrowings | 2, 874 | 3, 207 |
| Investment | 5,490 | 1,931 |
| Banking capital | 8,532 | 11,259 |
| Dollar debt service | 711 |
|
| Other capital transactions | 2,510 | 4018 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Money Talks Explaining How Money Really Works
Authors: Nina Bandelj ,Frederick F. Wherry ,Viviana A. Zelizer
1st Edition
0691202893, 978-0691202891
