Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts. This nation's balance of trade is Its current account balance is Item And the nation's financial account balance is Merchandise exports Service exports Net unilateral transfers Net change in domestic liabilities abroad (financial outflows) Amount 800 150 -60 - 420 Net change in foreign assets at home (financial inflows) Merchandise imports Service imports (Enter your response as a whole number and include a minus sign if necessary.) (Enter your response as a whole number and include a minus sign if necessary.) 575 930 115 (Enter your response as a whole number and include a minus sign if necessary.)
Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts. This nation's balance of trade is Its current account balance is Item And the nation's financial account balance is Merchandise exports Service exports Net unilateral transfers Net change in domestic liabilities abroad (financial outflows) Amount 800 150 -60 - 420 Net change in foreign assets at home (financial inflows) Merchandise imports Service imports (Enter your response as a whole number and include a minus sign if necessary.) (Enter your response as a whole number and include a minus sign if necessary.) 575 930 115 (Enter your response as a whole number and include a minus sign if necessary.)
Chapter21: International Trade And Finance
Section: Chapter Questions
Problem 11SQ
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