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- Suppose India has a GDP of 196 trillion Indian rupees, and a population of 1.3 billion. The exchange rate is 75 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars.Ethiopia's GDP is 300 billion birrs and its population is 60 million. The exchange rate with the U.S. dollar is $1 = 40 birrs. Find GDP per capita in U.S. dol your answer to the nearest dollar. Answer $ KeU.S. goods exports +$ 390 U.S. goods imports - 520 U.S. service exports +145 U.S. service imports -107 Net investment income +12 Net transfers -22 Capital account -5 Foreign purchases of U.S. assets +156 U.S. purchases of foreign assets -49 The accompanying table contains hypothetical data for the U.S. balance of payments in a year. All figures are in billions of dollars. The balance on the financial account was a A. $107 billion surplus. B. $102 billion surplus. C. $107 billion deficit. D. $102 billion deficit.
- You have the following annual figures for the New Zealand economy. Investment expenditure $42.5 billion Government savings -$1.7 billion If the current account balance was equal to zero then private savings must be $____billon (use 1 d.p.).View the data below for the exchange rate between the US dollar and the Japanese yen. How many yen could you get per dollar at the earliest date shown on the chart? Explain. How many yen could you get per dollar at the most recent date shown on the chart? Explain. Has the dollar appreciated or depreciated in value over time? Explain.A new accountant works on the Balance of Payments of a country and records the following into the financial account.Which is the only one recorded correctly? Select one: a. Transfer of ownership of assets b. External assets c. Trade in goods d. Imports of services e. Incomes paid to people working in a country temporarily
- The Czech Republic has a GDP of 1,800 billion koruny. The exchange rate is 20 koruny/U.S. dollar. The Czech population is 20 million. What is the GDP per capita of the Czech Republic expressed in U.S. dollars?How much is the difference between the cross-exchange rates for Rupees (India) and Euro (europe) Show any calculations. Explain the reason for that difference.The following information on Ghana’s Balance of Payments Accounts for 2013 (million U.S. Dollars) is provided. CURRENT ACCOUNT US$ 1. Merchandise Exports ( £.o.b) 11,679.40 2. Merchandise Imports (£.o.b) -16,092.50 Trade balance -4,413.1 3. Services (net) -2,346.84 Receipts 3,539.40 Payments -5,886.24 4. Income (net) 4,155.98 Receipts -592.96 Payments 202.24 5. Current Transfers (net) 795.20 CAPITAL & FINANCIAL ACCOUNT 6. Capital Account 1,127.78 Capital Transfers 1,127.78 7. Financial Account Direct Investments 3,355.68 Portfolio Investments -87.28 Other Investments 1,737.96 Of which: Short term capital -164.12 Other capital investments 2,172.40…
- The following information on Ghana’s Balance of Payments Accounts for 2013 (million U.S. Dollars) is provided. CURRENT ACCOUNT US$ 1. Merchandise Exports ( £.o.b) 11,679.40 2. Merchandise Imports (£.o.b) -16,092.50 Trade balance -4,413.1 3. Services (net) -2,346.84 Receipts 3,539.40 Payments -5,886.24 4. Income (net) 4,155.98 Receipts -592.96 Payments 202.24 5. Current Transfers (net) 795.20 CAPITAL & FINANCIAL ACCOUNT 6. Capital Account 1,127.78 Capital Transfers 1,127.78 7. Financial Account Direct Investments 3,355.68 Portfolio Investments -87.28 Other Investments 1,737.96 Of which: Short term capital -164.12 Other capital investments 2,172.40…Eurostat reports the following information about the Irish economy for the years 2009 - 2015. All euro figures are in billions and have been rounded to the nearest billion. Some entries are missing from the table. Let's see if you can figure out one of these missing values. 2009 2010 2011 2012 2013 2014 2015 Current-euro GDP 170.1 167.7 171.1 175.2 179.9 195.3 262.5 GDP in chained 2010 euros 164.4 174.0 192.2 240.4 chained growth rate of GDP (%) - 5.0 0.2 1.3 8.8 25.1 What was Ireland's real GDP in 2010? a) 167.7b) There is not enough information to tell what real GDP was in 2010 in Ireland.c) 164.4 x (1 - 0.05)d) =(164.4 + 174)/2 = 169.2USD/AUD=1.44 What is the GBP/AUD exchange rate?