Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

(U.S. Balance of Payments, 6pts) Listed below is U.S.'s BOP for years from 2005 to 2009. 2005 2006 2007 2008 2009 Account(millions of US dollars)

image text in transcribed

(U.S. Balance of Payments, 6pts) Listed below is U.S.'s BOP for years from 2005 to 2009. 2005 2006 2007 2008 2009 Account(millions of US dollars) A. Current Account Balance on goods -782805 -837289 -821197 -832492 -509695 Balance on services 68558 75573 115821 123765 125920 Balance on income 67632 43338 100604 146147 123584 Balance on current transfers -98822 -88347 -92516 -124062 -120602 B. Capital Account 13116 -1788 384 6010 -141 C. Financial Account Direct investment abroad 61925 296059 532940 351724 313726 Direct investment in the U.S. 138329 294289 340066 337759 153788 Portfolio investment assets, net 267291 493366 380806 -284268 375884 Portfolio investment liabilities, net 832038 1126735 1156613 523683 357352 Balance on other investment assets and liabilities, net 73668 179922 34197 -63236 357178 D. Net Errors and Omissions 31597 -634 ? ? 149970 E. Reserves and Related Items -14095 -2374 122 4848 52256 The balance of capital and financial account (BKA) in 2008 is $ millions

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_2

Step: 3

blur-text-image_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

Personal Finance

Authors: Jack Kapoor, Les R. Dlabay, Robert J. Hughes

2nd Edition

0256079056, 9780256079050

More Books

Students also viewed these Finance questions

Question

Differentiate the function. f (t) = 2t 3 - 3t 2 - 4t

Answered: 1 week ago

Question

Naame Que Hases

Answered: 1 week ago