Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

help me please QU4 (30 marks] ECON2005 2022 CWA3 DATA FOR PREPARING STANDARD PRESENTATION OF THE BALANCE OF PAYMENTS 4a Use the data to prepare

image text in transcribed

help me please

QU4 (30 marks] ECON2005 2022 CWA3 DATA FOR PREPARING STANDARD PRESENTATION OF THE BALANCE OF PAYMENTS 4a Use the data to prepare a Standard Presentation of the Balance of Payments 4b Show how you calculated an estimate of Net Errors and Omissions. WN ITEM 1 WITHHOLDING TAXES REMITTANCES SENT TO RELATIVES ABROAD 3 IMPORTS OF MFG GOODS 4 INTEREST PAID TO THE REST OF THE WORLD 5 MIGRANTS TRANSFERS 6 MANAGEMENT FEES PAID TO ROW 7 COMMUNICATION SERVICEES PROVIDED BY R.O.W 8 INTEREST EARNED ON EXTERNAL SECURITIES 9 TRAVEL ABROAD 10 EXP. BY HOTEL AND GUEST HOUSE VISITORS 11 COMMUNICATION SERVICES PROVIDED TO CARICOM COUNTRIES 12 EXPORTS 14 HERITAGE AND STABILISATION FUND 15 GOVT LOANS TO CARIBBEAN COUNTRIES 16 COMMERCIAL BANKS INTEREST QWNED 17 INTERNATIONAL INSTITUTIONS LOANS TO GOV'T OF T&T 18 CONTRIBUTIONS TO INTERNATIONAL INSTITUTIONS 19 CENTRAL GOVERNMENT FOREIGN EXPENDITURE 20 DIVIDENDS AND PROFITS PAID TO THE R.O.W 21 DIVIDENDS AND PROFITS RECEIVED FROM THE R.O.W 22 ADVERTISING SERVICES PROVIDED TO THE ROW 23 RECEIPTS FROM INTERNATIONAL INSTITUTIONS 24 NET RESERVES INCREASED 25 ADVERTISING SERVICES RECEIVED FROM THE ROW TT Mn. 20.0 110.0 11250.0 400.0 130.0 180.0 40.0 246.0 268.0 480.0 150.0 15200.0 420.0 200.0 267.0 310.0 12.0 132.0 400.0 15.0 40.0 18.0 410.0 150.0 118.0 1100.0 1800.0 26 27 PAYMENTS TO INTERNATIONAL INSTITUTIONS PRIVATE SECTOR DIRECT INVESTMENT OUTFLOWS PRIVATE SECTOR DIRECT INVESTMENT INFLOWS 28 QU4 (30 marks] ECON2005 2022 CWA3 DATA FOR PREPARING STANDARD PRESENTATION OF THE BALANCE OF PAYMENTS 4a Use the data to prepare a Standard Presentation of the Balance of Payments 4b Show how you calculated an estimate of Net Errors and Omissions. WN ITEM 1 WITHHOLDING TAXES REMITTANCES SENT TO RELATIVES ABROAD 3 IMPORTS OF MFG GOODS 4 INTEREST PAID TO THE REST OF THE WORLD 5 MIGRANTS TRANSFERS 6 MANAGEMENT FEES PAID TO ROW 7 COMMUNICATION SERVICEES PROVIDED BY R.O.W 8 INTEREST EARNED ON EXTERNAL SECURITIES 9 TRAVEL ABROAD 10 EXP. BY HOTEL AND GUEST HOUSE VISITORS 11 COMMUNICATION SERVICES PROVIDED TO CARICOM COUNTRIES 12 EXPORTS 14 HERITAGE AND STABILISATION FUND 15 GOVT LOANS TO CARIBBEAN COUNTRIES 16 COMMERCIAL BANKS INTEREST QWNED 17 INTERNATIONAL INSTITUTIONS LOANS TO GOV'T OF T&T 18 CONTRIBUTIONS TO INTERNATIONAL INSTITUTIONS 19 CENTRAL GOVERNMENT FOREIGN EXPENDITURE 20 DIVIDENDS AND PROFITS PAID TO THE R.O.W 21 DIVIDENDS AND PROFITS RECEIVED FROM THE R.O.W 22 ADVERTISING SERVICES PROVIDED TO THE ROW 23 RECEIPTS FROM INTERNATIONAL INSTITUTIONS 24 NET RESERVES INCREASED 25 ADVERTISING SERVICES RECEIVED FROM THE ROW TT Mn. 20.0 110.0 11250.0 400.0 130.0 180.0 40.0 246.0 268.0 480.0 150.0 15200.0 420.0 200.0 267.0 310.0 12.0 132.0 400.0 15.0 40.0 18.0 410.0 150.0 118.0 1100.0 1800.0 26 27 PAYMENTS TO INTERNATIONAL INSTITUTIONS PRIVATE SECTOR DIRECT INVESTMENT OUTFLOWS PRIVATE SECTOR DIRECT INVESTMENT INFLOWS 28

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_2

Step: 3

blur-text-image_3

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

Managerial Finance

Authors: Alan Parkinson

1st Edition

0750618264, 978-0750618267

More Books

Students also viewed these Finance questions