Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 06, 2024

The table below shows foreign transactions of a country called Green Islands Exports $ 120 million Imports $ 180 million Investment income received from abroad

The table below shows foreign transactions of a country called Green Islands

Exports $ 120 million

Imports $ 180 million

Investment income received from abroad $ 213 million

Investment income paid to abroad $ 260 million

Net transfer received $ 30 million

Increase in foreign holdings of domestic assets $ 600 million.

Increase in foreign holdings of foreign assets $ 450 million

What is the current account balance?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

The Ascendancy Of Finance

Authors: Joseph Vogl, Simon Garnett

1st Edition

1509509305, 978-1509509300

More Books

Students also viewed these Finance questions

Question

★★★★★

Discuss why an enterprise might need to customize the baseline accounting system.

Answered: 1 week ago

Question

★★★★★

Determine the number of links, the number of lower pairs, and the number of higher pairs. Treat rolling contact to mean rolling with no slipping. Using the Kutzbach criterion, determine the mobility....

Answered: 1 week ago

Question

★★★★★

Evaluate the role media communication plays in terms of intercultural communication

Answered: 1 week ago

Question

★★★★★

Dousmann Corp.'s sales slumped badly in 2014. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 500,000 units of...

Answered: 1 week ago

Question

★★★★★

The table below shows foreign transactions of a country called Green Islands Exports $ 120 million Imports $ 180 million Investment income received from abroad $ 213 million Investment income paid to...

Answered: 1 week ago

Question

★★★★★

Q1. An insurance company wants to create an application to keep record of local citizens and insurance details of them. State the best suitable Interaction style for such a system. (provide your...

Answered: 1 week ago

Question

★★★★★

Ershad is an 18-year-old boy who has just finished his SPM. Not wanting to waste time and to earn some money while waiting to enter college, Ershad went round the neighborhood looking for a part time...

Answered: 1 week ago

Question

★★★★★

What are your Initial thoughts on leadership - what does leadership look like - what does it mean to you? Who embodies good leadership? Who embodies bad leadership? Why?"

Answered: 1 week ago

Question

★★★★★

What is the output of this program DCL-F MOVIESPF Workstn; EXFMT RECORD1; DOW NOT(*IN03); amount = adults + children; WRITE RECORD1; EXFMT RECORD2; IF NOT(*IN03); adult = 0; children = 0; EXFMT...

Answered: 1 week ago

Question

★★★★★

"That is good news!" Samantha exclaimed. "I finished graduate school last year, and I haven't had so much reading and computer work to do; it's been a lot easier on my eyes. Could that help explain...

Answered: 1 week ago

Question

★★★★★

Do you believe that design decisions for innovative and green building designs are primarily influenced by codes, by stand, by guidelines, or by unfettered imagination? Explain

Answered: 1 week ago

Previous Question Next Question