The table gives some information about Nordland's international transactions in 2016. Calculate the current account balance, the capital and financial account balance, and the official settlements account balance. >>> If your answer is negative, include a minus sign. If your answer is positive, do not include a plus sign. The current account balance is billion dollars. Item Imports of goods and services Foreign investment in Nordland Exports of goods and services Nordland's investment abroad Net interest income Net transfers Statistical discrepancy Billions of dollars 900 1,200 1,250 500 6 -70 - 10
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- What is the capital and financial account balance... billion dollars The official settlements account balance is ... billion dollarsItem Exports of goods and services Imports of goods and services Net interest income Net transfers Urland's investment abroad Foreign investment in Urland 30. A) B) Billions of dollars 635 . -555 -18 22 -467 321 02.0 The above table shows some of the balance of payments accounts for Urland. What is Urland's balance in the official settlements account? $405 billion $62 billion $99 billion $37 billion nożliQUESTION 2When the interest parity condition holds, we know that the domestic interest rate must be approximately equal to: the foreign interest rate. the expected rate of depreciation of the domestic currency. the expected rate of appreciation of the domestic currency. the foreign interest rate minus the expected rate of appreciation of the domestic currency. the foreign interest rate plus the expected rate of appreciation of the domestic currency.
- What is the nation’s trade balance on its current account and capital account given the following information? Is the nation experiencing a cash (outflow) in its current account and capital account? Was there a net currency inflow or outflow? Please prepare a table for both current account and capital account. Imports: $206 Exports: 250 Direct investment abroad: 34 Foreign investments in the country: 16 Foreign purchases of domestic securities: 33 Purchases foreign securities; 87 Net income from foreign investments; 71 Government spending abroad: 33How will change in interest rate affect trade financial and capital accountQ1-18 In balance-of-payments accounting, the acquisition of a foreign production facility by a Canadian firm is a ________ item in Canada's balance of payments. The deposit of funds in a foreign bank account by a Canadian citizen is ________ item in Canada's balance of payments. a. debit / a credit b. debit / also a debit c. credit / also a credit d. credit / a debit
- 1. You have an accounts payable to a German exporter for 100 Porsche Cayenne SUVs. The seller offers a 2 percent discount for payment within 10 days and full payment due in 30 days (2/10 net 30). Today the exchange rate is $1.40 per Euro. You notice that the 30 day forward rate for the $/Euro is $1.38…..what should you do? You owe 70,000 Euros for each of the cars (before any discounts). [show your work!] 2. You are changing planes in London for a flight to Paris where you will connect with your flight to Capetown. You are picking up reading material for the flight and are looking at the prices listed on the Economist magazine which conveniently lists prices in several different global currencies. You note that the price in Pounds is 2.40 pounds and the price in Euros is 2 Euros. The exchange rate for the dollar (your credit card was issued in the USA) is $1.59/pound and $1.3837/euro. Should you buy reading materials now or wait until you’re in Paris? 3. You notice that the…3. Current, financial, and capital accounts Consider the following table showing hypothetical balance-of-payments data for the United States. Complete the table by selecting the correct value for each missing entry. Current Account U.S. merchandise exports U.S. merchandise imports Merchandise trade balance U.S. service exports U.S. service imports Services balance Goods and services balance Net investment income from abroad Net unilateral transfers Current account balance Capital and Financial Account Change in U.S.-owned assets abroad Change in foreign-owner assets in the U.S. Capital and financial account balance Statistical discrepancy Trade balance Balance-of-Payments (Billions of dollars) +55 -77 +70 were -2 -8 -40 +42 According to the table, the United States is running a trade +35 +13 ► Suppose an American business owner purchases chocolates from Belgium in order to sell them in her shops. This would be entered as a item under the section of the U.S. current account. 0 The…19. In balance-of-payments accounting, the sale of a foreign production facility by a SA firm is a __________item in the SA balance of payments; the deposit of funds in a foreign bank account by a SA citizen__________ item in the SA balance of payments. A Debit; also is a debitB Debit; is a creditC Credit; is a debitD Credit; also is a credit
- Economics Here is some balance of payments data for a country (in bln USD): Merchandise export = 200 Merchandise import = 180 Primary income payments from abroad = 5O Primary income payments to non-residents 70 Unilateral international transfers from abroad = 10 Unilateral international transfers to non- residents = 5 Capital account balance = 0 Change in foreign direct investment to abroad = 15 Change in foreign direct investment from abroad = -25 Balance on portfolio investmenti= 50 Balance on other investmentii= -80 Change in international reservesiii= -10 Net errors and omissions = -30 Find the balance on trade in services for the given period.US Exports of Goods Imports of Goods Exports of Services Imports of Services Billions USD 22 6 34 21 22 14 -29 Income earned from US owned assets abroad Income paid to foreign assets located in US Net Unilateral Transfers Refer to the above table. With no statistical discrepancy, the capital and financial account balanceExports $750 Imports $600 Net income from abroad -$225 Net unilateral transfers $30 Based on the data above, what is the current account and financial/capital account balance? The current account is in deficit, and the financial/capital account is in surplus. The current account and financial/capital account are both in deficit. The current account and financial/capital account are both in surplus. The current account is zero, and the financial/capital account is in surplus.