Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Luxembourg: Balance of Payment Current Account Credits Debits Exports 292,648 Goods 16,046 Services 84,981 Income 191,621 Imports -289,773 Goods -18,223 Services -64,288 Income -207,262 Trade

image text in transcribed

image text in transcribed

Luxembourg: Balance of Payment Current Account Credits Debits Exports 292,648 Goods 16,046 Services 84,981 Income 191,621 Imports -289,773 Goods -18,223 Services -64,288 Income -207,262 Trade Balance X Balance on current account 2,875 Financial Account Direct Investment 279,792 -231,619 Portfolio Investment 256,484 -355,367 Other investment 59,698 - 11,771 Balance on financial account -2,783 Statistical discrepancies -41 Official Reserve Account -51 What is the Luxembourg Trade Balance? -2177 -2875 -18561 -15641

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

Active Value Investing Making Money In Range Bound Markets

Authors: Vitaliy N. Katsenelson

1st Edition

0470053151, 978-0470053157

More Books

Students also viewed these Finance questions

Question

3. Do all companies have an R&D function? Explain your answer.

Answered: 1 week ago

Question

Write an elaborate note on marketing environment.

Answered: 1 week ago