Question

a. Danish Property Taxes $240 Danish tourism to UK $72 Danish purchases of German products $300...

a.

Danish Property Taxes $240
Danish tourism to UK $72
Danish purchases of German products $300
Danish govt healthcare program $285
Chinese purchases of German product $75
Danish domestic savings $60
Danish investment in Copenhagen $80
Danish contribution to World Food Programme $2
UK tourism to Denmark $92
Danish contribution to the International AIDS Society $3
US purchases of Danish products $420

What is Denmark's current account balance?

b.

Danish Property Taxes $240
Danish tourism to UK $72
Danish purchases of German products $300
Danish govt healthcare program $285
Chinese purchases of German product $75
Danish domestic savings $60
Danish investment in Copenhagen $80
Danish contribution to World Food Programme $2
UK tourism to Denmark $92
Danish contribution to the International AIDS Society $3
US purchases of Danish products $420

Based on the information above, how much did Denmark export?

Homework Answers

Answer #1

An export in universal exchange is a decent or administration created in one country (Denmark for this situation) that is sold into another country. The dealer of such merchandise and enterprises is an exporter; the remote purchaser is a shipper. It additionally incorporates tourism. Tourism is an export division as pay is paid by a purchaser (the guest) to a merchant. At the point when outsiders visit your country for tourism, that is an export for your country.

The parts from the given data that will be remembered for Denmark's export are:

UK tourism to Denmark $92 +US acquisition of Danish items $420 = $512

In this way Denmark exported products and enterprises worth $512.

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