a.    Does the Philippines suffer a trade surplus or trade deficit for 2020 and first nine months of 2021? Explain. b.    Does the Philippines suffer a current account surplus or current account deficit for 2020 and first nine months of 2021? c.    What is the status of the Philippines Foreign Direct Investments for 2020 and first nine months of 2021? Explain. What is the status of the Philippines Foreign Portfolio Investments for 2020 and first nine months of 2021? Explain. d. What is the role of the Asia Infrastructure Investment Bank (AIIB) in the area of Global Finance? How is their financing structure different from the Asian Development Bank (ADB)?

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 46P: Imagine that the economy of Germany finds itself in the following situation: the government budget...
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a.    Does the Philippines suffer a trade surplus or trade deficit for 2020 and first nine months of 2021? Explain.
b.    Does the Philippines suffer a current account surplus or current account deficit for 2020 and first nine months of 2021?

c.    What is the status of the Philippines Foreign Direct Investments for 2020 and first nine months of 2021? Explain. What is the status of the Philippines Foreign Portfolio Investments for 2020 and first nine months of 2021? Explain.

d. What is the role of the Asia Infrastructure Investment Bank (AIIB) in the area of Global Finance? How is their financing structure different from the Asian Development Bank (ADB)?

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