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Use the data below to calculate the quarterly: i. The balance of trade on goods and services ii. The current account balance iii. The balance
Use the data below to calculate the quarterly:
i. The balance of trade on goods and services
ii. The current account balance
iii. The balance on the financial account
iv. Net errors and omissions for the Balance of Payments
Accounts Imports of goods Exports of services Capital Inflows Income payments on Investments Overseas food aid Income received on Investments Capital Outflows Imports of services Exports of goods $m -106,422 2,305 47,150 -45,565 -974 21,614 -65,451 -7,720 154,992
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Step: 1
To calculate the various components of the balance of payments for a specific quarter you can use th...
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