Question
(U.S. Balance of Payments,6pts) Listed below is U.S.s BOP for years from 2005 to 2009. Account(millions of US dollars) 2005 2006 2007 2008 2009 A.
(U.S. Balance of Payments,6pts) Listed below is U.S.s BOP for years from 2005 to 2009.
| Account(millions of US dollars) |
|
| 2005 | 2006 | 2007 | 2008 | 2009 |
| 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 | -101697 | -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 | 337087 | 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 $ Answer millions.
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Financial Statement Analysis
Authors: Martin S. Fridson, Fernando Alvarez
5th Edition
1119457149, 978-1119457145
