Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The table below presents BOP data for China and the US in 2010. BOP Data for China and the US Source: IMF data. us China

image text in transcribed
image text in transcribed
The table below presents BOP data for China and the US in 2010. BOP Data for China and the US Source: IMF data. us China - 2010 " 2010 Current Account | 431,271 237,810 Goods, credit (exports) 1,290,279 1,486,412 Goods, debit (imports) 1,938,952 1,239,986 Balance on goods -648,673 246, 426 Services, credit (exports) 562,756 117,532 Services, debit (imports) 409,311 140,934 Balance on services 153,445 -23,402 Primary income, credit 680,166 142,424 Primary income, debit 511,948 168,324 Secondary income, credit 90,784 49.521 Secondary income, debit 195,045 8,835 Capital Account -158 4,630 Financial account -448 255 -282.234 Direct investment, assets 349.828.0 42 695 Direct investment, liabilities 264,039.0 181,103 Portfolio investment, assels 199,619.0 -787 Portfolio investment, liabilities 820,434.0 324 Other investment, assets 407.419.0 116,262 Other investment, liabilities 306,572.0 188,708 Net errors and omissions -15,001 -53,016 Reserves and related items 1,825 471,659

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introductory Econometrics A Modern Approach

Authors: Jeffrey Wooldridge

7th Edition

1337558869, 978-1337558860

More Books

Students also viewed these Economics questions

Question

Where do you see yourself in 5/10 years?

Answered: 1 week ago

Question

b. Explain the limitations of universal life insurance

Answered: 1 week ago