Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Given the following International Transactions Amount Transaction (billions of dollars) Current balance 0.5 Long term capital balance -1.5 Short term private non liquid capital balance

Given the following International Transactions

Amount

Transaction

(billions of dollars)

Current balance

0.5

Long term capital balance

-1.5

Short term private non liquid capital balance

-4

Short term private liquid capital balance

2

Errors and omissions

-2

Official settelments balance

-5

The official settelment balance financed by changes in:

Liabilities to foreign official holders balance

Official reserve assets balance

Total financing official settelements balane

4

1

5

Calculate the following:

  1. The basic balance
  2. The net liquidity balance
  3. The official settlment account balance

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

Final Work On Internal Audit Internal Audit And Its Management

Authors: Silvia Mamani

1st Edition

6203099651, 978-6203099652

More Books

Students also viewed these Accounting questions

Question

citation information for each source

Answered: 1 week ago