Question
Investment spending 250 Valuation effects on external wealth -13 Government spending 100 Capital gains on domestic capital stock 9 Consumption 500 Exports of financial assets
Investment spending | 250 | Valuation effects on external wealth | -13 |
Government spending | 100 | Capital gains on domestic capital stock | 9 |
Consumption | 500 | Exports of financial assets | 105 |
National saving | 415 | Imports of financial assets | 255 |
| Net unilateral transfers | 7 |
values in millions
1. What is the financial account balance at the end of this year? 2. What is the current account balance of at the end of this year? 3. What is the capital account balance at the end of this year? 4. What is the change in domestic wealth experienced during this year? 5. What is the change in external wealth experienced during this year? 6. If this country has most of its external liabilities denominated in domestic currency and external assets denominated in foreign currency, and their domestic currency experiences an appreciation, how would their external wealth be affected by this change?
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