Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer the ones in blue thank you Examine the following summary of the U.S. balance of payments for 2017 (in $ billion) and fill

Please answer the ones in blue thank you

image text in transcribed

Examine the following summary of the U.S. balance of payments for 2017 (in $ billion) and fill in the blank entries. (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place.) Credits Debits $ 2,351.1 1,553.4 797.7 $ -2,903.4 -542.5 928.1 -706.4 154.0 -272.6 24.8 0 Current Account [1] Exports [1.1] Goods [1.2] Services [2] Imports [2.1] Goods [2.2] Services [3] Primary income [4] Secondary income Balance on current account Capital Account Balance on capital account Financial Account [5] Direct investment [6] Portfolio investment [6.1] Equity securities [6.2] Debt securities [6.3] Derivatives, net [7] Other investment Balance on financial account [8] Statistical discrepancies Overall balance Official Reserve Account 24.8 354.8 799.2 155.7 -379.2 -609.8 -166.8 -419.9 -23.1 643.5 383.7 -218.5 330.2 $ -1.7 1.7 Examine the following summary of the U.S. balance of payments for 2017 (in $ billion) and fill in the blank entries. (Negative amounts should be indicated by a minus sign. Round your answers to 1 decimal place.) Credits Debits $ 2,351.1 1,553.4 797.7 $ -2,903.4 -542.5 928.1 -706.4 154.0 -272.6 24.8 0 Current Account [1] Exports [1.1] Goods [1.2] Services [2] Imports [2.1] Goods [2.2] Services [3] Primary income [4] Secondary income Balance on current account Capital Account Balance on capital account Financial Account [5] Direct investment [6] Portfolio investment [6.1] Equity securities [6.2] Debt securities [6.3] Derivatives, net [7] Other investment Balance on financial account [8] Statistical discrepancies Overall balance Official Reserve Account 24.8 354.8 799.2 155.7 -379.2 -609.8 -166.8 -419.9 -23.1 643.5 383.7 -218.5 330.2 $ -1.7 1.7

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

Intermediate Financial Management

Authors: Eugene F Brigham, Phillip R Daves

14th Edition

0357516664, 978-0357516669

More Books

Students also viewed these Finance questions