Question
Problem 3-11 (algorithmic) Question Help China's (Mainland) Balance of Payments. Use the following balance of payments data for China (Mainland) from the IMF: LOADING... .
Problem 3-11 (algorithmic) | Question Help
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China's (Mainland) Balance of Payments. Use the following balance of payments data for China (Mainland) from the IMF:
LOADING...
. What is China's total for Groups A and B in years
2005,
2009,
and
2015?
China's total for Groups A and B in year
2005
was (in millions)
$nothing.
(Round to the nearest integer and enter any deficit with a negative sign.)
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Data Table
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China's (Mainland) Balance of Payments |
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Assumptions (million US$) | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | |
A. Current account balance | 134,082 | 231,844 | 353,183 | 420,569 | 243,257 | 237,810 | 136,097 | 215,392 | 148,204 | 277,434 | 330,602 | |
B. Capital account balance | 4,102 | 4,020 | 3,099 | 3,051 | 3,938 | 4,630 | 5,446 | 4,272 | 3,052 | 33 | 316 | |
C. Financial account balance | 96,944 | 45,285 | 91,132 | 37,075 | 194,494 | 282,234 | 260,024 | 36,038 | 343,048 | 51,361 | 485,614 | |
D. Net errors and omissions | 15,847 | 3,502 | 13,237 | 18,859 | 41,181 | 53,016 | 13,768 | 87,071 | 62,922 | 108,257 | 188,245 | |
E. Reserves and related items | 250,975 | 284,651 | 460,651 | 479,554 | 400,508 | 471,658 | 387,799 | 96,555 | 431,382 | 117,784 | 342,941 |
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