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The following table provides the (hypothetical) information for the balance of payments account. Assume the balance on the capital account is zero. $1,181 856 -

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The following table provides the (hypothetical) information for the balance of payments account. Assume the balance on the capital account is zero. $1,181 856 - 256 Increase in foreign holdings of assets in Canada Exports of goods Imports of services Statistical discrepancy Net transfers Exports of services Income received on investments Imports of goods Increase in Canadian holdings of assets in foreign countries Income payments on investments - 60 325 392 - 1,108 - 1,040 - 315 Click the icon to view the Canadian Balance of Payments, 2011. Based on this information, fill in the following table: - 183 Balance of Trade Balance on Current Account Balance on Financial Account Statistical Discrepancy Balance of Payments CURRENT ACCOUNT Exports of goods Imports of goods Balance of trade Exports of services Imports of services Balance of services Income received on investments Income payments on investments Net income on investments Net transfers Balance on current account FINANCIAL ACCOUNT Increase of foreign holdings of assets in Canada Increase in Canadian holdings of assets in foreign countries Balance on financial account BALANCE ON CAPITAL ACCOUNT Statistical discrepancy Balance of payments (millions of dollars) $457 548 -456 129 1 419 74 845 -99 465 - 24 620 66 640 - 87 724 -21 084 -4018 -48 303 159 115 -108 412 50 703 4813 -7213 0 Print Done The following table provides the (hypothetical) information for the balance of payments account. Assume the balance on the capital account is zero. $1,181 856 - 256 Increase in foreign holdings of assets in Canada Exports of goods Imports of services Statistical discrepancy Net transfers Exports of services Income received on investments Imports of goods Increase in Canadian holdings of assets in foreign countries Income payments on investments - 60 325 392 - 1,108 - 1,040 - 315 Click the icon to view the Canadian Balance of Payments, 2011. Based on this information, fill in the following table: - 183 Balance of Trade Balance on Current Account Balance on Financial Account Statistical Discrepancy Balance of Payments CURRENT ACCOUNT Exports of goods Imports of goods Balance of trade Exports of services Imports of services Balance of services Income received on investments Income payments on investments Net income on investments Net transfers Balance on current account FINANCIAL ACCOUNT Increase of foreign holdings of assets in Canada Increase in Canadian holdings of assets in foreign countries Balance on financial account BALANCE ON CAPITAL ACCOUNT Statistical discrepancy Balance of payments (millions of dollars) $457 548 -456 129 1 419 74 845 -99 465 - 24 620 66 640 - 87 724 -21 084 -4018 -48 303 159 115 -108 412 50 703 4813 -7213 0 Print Done

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