U.S. International Transactions Table 20XX ($ bill.) 1. Merchandise exports 20 2. Merchandise imports -30 3. Service exports 10 4. Service imports -5 5. Income receipts on U.S. assets abroad 10 6. Income payments on foreign assets in the U.S. -5 7. Government grant, private remittances -5 8. Change in U.S. private assets abroad, net -10 9. Change in foreign private assets in the U.S., net 20 10. Statistical discrepancy ? 11. Change in U.S. Official Reserves, net -5 12. Change in Foreign Official Reserves, net 10 Use the above table to the question. The official reserve transactions balance is 10. -10. 5. -5.

U.S. International Transactions Table 20XX ($ bill.) 1. Merchandise exports 20 2. Merchandise imports -30 3. Service exports 10 4. Service imports -5 5. Income receipts on U.S. assets abroad 10 6. Income payments on foreign assets in the U.S. -5 7. Government grant, private remittances -5 8. Change in U.S. private assets abroad, net -10 9. Change in foreign private assets in the U.S., net 20 10. Statistical discrepancy ? 11. Change in U.S. Official Reserves, net -5 12. Change in Foreign Official Reserves, net 10 Use the above table to the question. The official reserve transactions balance is 10. -10. 5. -5.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter29: Exchange Rates And International Capital Flows

Section: Chapter Questions

Problem 27CTQ: Suppose a country has an overall balance of trade so that exports of goods and services equal...

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China Impose trade sanctions against U.S. firms Do not impose trade sanctions against U.S. firms China trade value = $75 b U.S. China trade value = $5 b Don't renew MFN trade value = $65 b U.S. trade value = $140 b status with China United States China trade value = $285 b U.S. trade value = $35 b China trade value = $275 b U.S. Renew MFN status trade value = $130 b with China Use a payoff matrix to depict this problem. a. Players. b. Strategy. с. Рау-off. d. What is the dominant strategy? e. What is the Nash Equilibrium without an enforceable contract? f. If countries coordinated (collude), what would be the optimal outcome?
Current Account (1) Goods Exports +$80 (2) Goods Imports −70 (3) Exports of Services +20 (4) Imports of Services −25 (5) Net Investment Income +5 (6) Net Transfers −5 Financial Account (7) Foreign Purchases of Assets in the United States +13 (8) US Purchases of Foreign Assets Abroad -23 Capital Account (9) Balance on Capital Account +5 The table contains balance of payments data (+ and −) for the hypothetical nation of Zabella. All figures are in billions of dollars. Zabella has a balance of trade (goods) Multiple Choice deficit of $10 billion. surplus of $5 billion. surplus of $10 billion. deficit of $5 billion.
The following information on Ghana’s Balance of Payments Accounts for 2013 (million U.S. Dollars) is provided. CURRENT ACCOUNT US$ 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…
eBook Problem 6-03 Consider the following information: Imports Net income from foreign investments Foreign investments in U.S. Government spending abroad Exports U.S. investments abroad Foreign securities bought by U.S. U.S. securities bought by foreigners Purchase of short-term foreign securities Foreign purchases of U.S. short-term securities $244.0 73.4 8.9 4.0 170.7 21.2 5.2 2.5 5.8 8.7 Determine the balance on the U.S. current account and capital accounts. Use a minus sign to enter the amount as a negative value. Round your answers to one decimal place. Balance on current account: $ Balance on capital account: $
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…
(Table: U.S. International Trade in Goods and Services, 2021, in millions of dollars. Details may not equal totals, due to seasonal adjustment and rounding.) The table contains data on U.S. trade in 2021.In 2021, the United States imported million worth of goods. Exports Goods Services Total Total 2021 -861,383 -1,091,384 230,001 2,532,955 1,761,709 771,247 a. Period $2,532,955 b. $758,888 C. -$861,383 Balance Goods d. $2,853,093 Imports Goods Services 3,394,339 2,853,093 541,245 Services Total
Economics (1) US Goods Exports (2) US Goods Imports (3) US Service Exports (4) US Service Imports (5) Net Investment Income (6) Net Transfers (7) Foreign Purchases of Assets in the United +30 States +$100 -$60 +40 -90 +20 -15 (8) US Purchases of Foreign Assets Abroad -$30 (9) Balance on Capital Account The table contains hypothetical data for the U.S. balance of payments. All figures are in billions of dollars. The United States has a balance of goods Multiple Choice A surplus of $40 billion. B deficit of $30 billion. C surplus of -$40 billion. D deficit of $160 billion. +5
The following table lists balance of payment current accounts for Country A. Current Accounts 1. Exports of goods, services, and income $ 171,453 2. Goods $ 93,043 3. Services 46,689 4. Income receipts on U.S. assets abroad 31,721 5. Imports of goods, services, and income −161,407 6. Goods −93,578 7. Services −32,189 8. Income payments on foreign assets in the United States −35,640 a. What is Country A’s total current accounts? b. What is Country A’s balance on goods? (Negative amount should be indicated by a minus sign.) c. What is Country A’s balance on services? d. What is Country A’s balance on investment income? (Negative amount should be indicated by a minus sign.)
Items Value (in millions) Exports of goods and services $652 Imports of goods and services $734 Net increase in U.S. holdings of foreign assets (excluding official reserve assets) $150 Net increase in foreign holdings of U.S. assets (excluding official reserve assets) $273 Investment income (interests) paid to foreigners $359 Investment income (interests) received from foreigners $223 Unilateral transfers received from foreigners $92 Unilateral transfers given to foreigners $158 Statistical discrepancy $37 1. What is the financial account balance? Deficit of $13 million Deficit of $123 million Deficit of $136 million Surplus of $123 million
Question 10 1 pts The table below shows the exchange rates between the US dollar and currencies from four other countries. How much of their local currency (Yen) would someone from Japan need to buy an Ipad that is being sold for $400 in the US? Units of Foreign Currency you can buy with one US dollar Number of US dollars you can buy with one unit of Foreign currency Indian Rupee 71.94 A Euro 0.91 Turkish Lira Japanese Yen 0.17 D 0.0092 O 3.68 Yen 400 Yen 43478.26 Yen O 368 Yen
What is meant by the balance of trade? 10 13 16 V 19 22 25 14 17 20 23 12 15 18 21 24 a It is the measurement of the barter of products for products. b) It is the relative value of one currency to that of another. ( c) It is a measure of the total flow of money into or out of a country. ) d) It is a measure of the difference between exports and imports.
2. The Table gives some information about Canada's international transactions in 2010. Item Billions of dollars. Imports of goods and services Net foreign investment in Canada Exports of goods and services. Net interest income. Net transfers Statistical discrepancy 508 54 476 16 (-3) 1 (a) Calculate the balance on the three balance of payments accounts. (b) Was Canada a net borrower or a net lender in 2010? Explain your answer.

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U.S. International Transactions Table 20XX ($ bill.)
1. Merchandise exports	20
2. Merchandise imports	-30
3. Service exports	10
4. Service imports	-5
5. Income receipts on U.S. assets abroad	10
6. Income payments on foreign assets in the U.S.	-5
7. Government grant, private remittances	-5
8. Change in U.S. private assets abroad, net	-10
9. Change in foreign private assets in the U.S., net	20
10. Statistical discrepancy	?
11. Change in U.S. Official Reserves, net	-5
12. Change in Foreign Official Reserves, net	10