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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 398 Weeks Ago, 1 Day Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Here are some balance of payments data (without pluses and minuses):
Exports of goods, 100
Imports of goods, 125
Service exports, 90
Service imports, 80
Income receipts from abroad, 110
Income payments to foreigners, 150
Increase in home country’s ownership of assets abroad, 160
Increase in foreign ownership of assets in home country, 200
Increase in home reserve assets, 30
Increase in foreign reserve assets, 35
Assuming that unilateral transfers equal zero, find net exports, the current account balance, the capital and financial account balance, the official settlements balance, and the statistical discrepancy (Note: The increase in home reserve assets of 30 is included in the increase in the home country’s ownership of assets abroad of 160, and the increase in foreign reserve assets of 35 is included in the increase in foreign ownership of assets in the home country of 200.)
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