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Please fill in the blanks with the options. 4 of the options have already been correctly selected and placed in their respective locations above. Match
Please fill in the blanks with the options. 4 of the options have already been correctly selected and placed in their respective locations above.
Match each of the following transactions with its corresponding Balance of Payments account entry. CREDITS DEBITS US Balance of Payments (billions $) CURRENT ACCOUNT 1) Exports Merchandise Caterpillar sells a crane to Tata Group in India Services JPMorgan provdes consulting to Alibaba 2) Imports Merchandise Services +1,069.5 773.3 T296.2 -1.438.0 -1,222.8 -215.2 +345.4 3) Primary Income 4) Secondary Income -359.1 -53.2 Balance on Current Account (1+2+3+4) -435.4 FINANCIAL ACCOUNT -523.3 -0.3 -523.0 5) US Assets Held Abroad (increase= negative sign) Official reserve assets Federal Reserve swaps USD for JPY Other private assets 6) Foreign Assets Held in the US (increase = positive sign) +953.1 Official reserve assets Malaysian government buys US Treasury bills Other private assets TYTT.Z Balance on Financial Account (5+6) +429.8 Statistical Discrepancy - (1+2+3+4+5+6) +5.6 You take a tour of the Egyptian Pyramids You pay for Australian wine You buy the Taj Mahal in India USBank pays interest on Certificate of Deposit owned by Honda You buy wine from Australia You send $500 to your uncle in SpainStep by Step Solution
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