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Study the following Balance of Payments Account for Australia and type the correct number into the missing spaces. Then answer the question that follows. BOPA
Study the following Balance of Payments Account for Australia and type the correct number into the missing spaces. Then answer the question that follows. BOPA Australia 2020 (revised) CURRENT ACCOUNT (Sm) Goods Exports Imports Net Goods 91992 73844 18148 Services Service Credits Service Debits Net Services 24938 22251 2687 20835 Balance on Goods and Services Primary Income Primary Income Credits Primary Income Debits Net Primary Income 17928 29111 -11183 Secondary Income Secondary Income Credits Secondary Income Debits Net Secondary Income 2505 2908 -403 Balance on Current Account CAPITAL ACCOUNT (Sm) Capital Account Credits Capital Account Debits Total Capital Account 2 188 -186 FINANCIAL ACCOUNT Direct Investment Portfolio Investment Financial Derivatives Other Investments Reserve Assets Total Financial Account 6104 -27432 535 8421 959 Balance on Capital and Financial Account -11599 Net Errors and Omissions An investor from Hong Kong buys shares in an Australian company. This will appear as investment. The dividends that will be paid to the investors will increase primary income v in 2021 Study the following Balance of Payments Account for Australia and type the correct number into the missing spaces. Then answer the question that follows. BOPA Australia 2020 (revised) CURRENT ACCOUNT (Sm) Goods Exports Imports Net Goods 91992 73844 18148 Services Service Credits Service Debits Net Services 24938 22251 2687 20835 Balance on Goods and Services Primary Income Primary Income Credits Primary Income Debits Net Primary Income 17928 29111 -11183 Secondary Income Secondary Income Credits Secondary Income Debits Net Secondary Income 2505 2908 -403 Balance on Current Account CAPITAL ACCOUNT (Sm) Capital Account Credits Capital Account Debits Total Capital Account 2 188 -186 FINANCIAL ACCOUNT Direct Investment Portfolio Investment Financial Derivatives Other Investments Reserve Assets Total Financial Account 6104 -27432 535 8421 959 Balance on Capital and Financial Account -11599 Net Errors and Omissions An investor from Hong Kong buys shares in an Australian company. This will appear as investment. The dividends that will be paid to the investors will increase primary income v in 2021
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