2. Current, financial, and capital accounts
Consider the following table showing hypothetical
balance-of-payments data for the...
2. 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.
Balance-of-Payments
(Billions of dollars)
Current Account
U.S. merchandise exports
+65
U.S. merchandise imports
-68
Merchandise trade balance
-3
U.S. service exports
+30
U.S. service imports
-65
Services balance
-35
Goods and services balance
-38
Net investment income from abroad
-2
Net unilateral transfers
-5
Current account balance
-45 ...
Here are some balance of payments data (without pluses and
minuses):
Merchandise exports, 100
Merchandise imports,...
Here are some balance of payments data (without pluses and
minuses):
Merchandise exports, 100
Merchandise imports, 125
Service exports, 90
Service imports, 80
Investment income receipts from assets, 110
Investment income payments on assets, 140
Transfers from home country to other countries, 10
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
Find the merchandise trade balance, net...
Question 1:
Construct the balance of payment table for Japan for the year
2010 which is...
Question 1:
Construct the balance of payment table for Japan for the year
2010 which is comparable in format to Exhibit 3.1, page 66
(this page number from the version 6e, if you cannot find it,
please let me know), to calculate the missing information data
(Services; balance current account; balance on financial account;
Statistical discrepancies). The table is provided on the second
page.
Please show your clearly calculation and explanation to
support each number.
A summary of the Japanese...
Use the following balance of payments data for Australia from
the IMF:
What is Australia's current...
Use the following balance of payments data for Australia from
the IMF:
What is Australia's current account balance for years 2007,
2009, and 2015?
Australia's Current Account
Assumptions (million US$)
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
Goods, credit (exports)
107,011
124,913
142,421
189,057
154,777
213,782
271,719
257,950
254,180
240,704
188,345
Goods, debit (imports)
−120,383
−34,509
−160,205
−193,972
−159,216
−196,303
−249,238
−270,136
−249,700
−240,252
−207,658
Services, credit (exports)
31,047
33,088
40,496
45,240
40,814
46,968
51,653
53,034...
Balance of Payments Worksheet
Part A:
Reason for Money Received
Inflow Amount (+)
Account
Exports of...
Balance of Payments Worksheet
Part A:
Reason for Money Received
Inflow Amount (+)
Account
Exports of goods and services
$1287
Current
Income receipts from domestically-owned assets abroad (receive
profits, interest etc.)
$537
Inward direct investment
$112
Capital & Financial (C&F)
Foreign (private and government) purchasing of domestic
securities (stocks, bonds, etc.)
$862
Increase of foreign deposits in domestic financial institutions
(banks etc.)
$310
Total incoming money flows
$3108
Reason for Money Paid or Given Out
Outflow Amount (−)
Account
Imports...
Assume the equity method Equity Investment account relating to a
subsidiary has a reported balance of...
Assume the equity method Equity Investment account relating to a
subsidiary has a reported balance of $9,036,000, including $864,000
of Goodwill. The fair value of the subsidiary is $8,100,000. The
fair value of the subsidiary's individually identifiable net assets
is $7,740,000. The subsidiary has only one reporting unit, which is
the same as the overall entity.
For this fact set, determine whether Goodwill is impaired and,
if so, the amount of impairment assuming the parent company has
previously adopted FASB...
The U.S. current account deficit improved slightly from 2007 to
2010 because
spending on imports fell...
The U.S. current account deficit improved slightly from 2007 to
2010 because
spending on imports fell due to an overall fall in
consumption.
state, local, and federal government budget deficits
increased.
worldwide economic growth prompted U.S. exports.
capital controls restricted capital inflow.
Out of the following activities, which one is the TRUE
statement?
The free movement of financial capital is desirable for all
countries.
Foreign direct investment items have more liquidity than
foreign portfolio investment items.
In most of the...