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Practice Question 2. From the following information, calculate the current account and capital account deficit/ surplus highlighting the statistical discrepancy of Omani economy: Transactions
Practice Question 2. From the following information, calculate the current account and capital account deficit/ surplus highlighting the statistical discrepancy of Omani economy: Transactions Ooredoo of Oman bought shares of UK Central Bank Total imports in Oman Total exports of Oman Local Entrepreneur of Oman bought materials from Dubai Salim of Oman bought iphone on through ebay of UK Mehmood visited Dubai and expended Rehab of Oman bought flat in Dubai Omani investor Ahmed bought bonds of UK central bank UK central bank paid interest to Ahmed FDI in Oman FDI from Oman Sara of Oman sold old phone in UK online shopping site Ibtesam of Oman bought some goods in UK's online shopping site Zainab of UK bought CBO bonds Rehab received a monthly rental CBO paid interest to Zainab Shifa of Oman paid his college fees to University of London Amount (OMR) 30,000 45,000 55,000 22,000 600 9,000 80,000 75,000 4% p.a. 220,000 350,000 200 22,000 70,000 200 3% p.a. 22,500
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