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

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

-2,177

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 balance on Current Account?

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

Quantitative Corporate Finance

Authors: John B. Guerard Jr. Anureet Saxena, Mustafa Gultekin

2nd Edition

3030435466, 978-3030435462

More Books

Students also viewed these Finance questions