Assume the following to be a portion of the simplified balance of payments statement for a hypothetical country. The values are given in billions of dollars.ExportsImportsCapital OutflowsCapital Inflows$900- $675- $225$135If the central bank has not changed its holding of foreign-currency reserves during this period, then the capital-service account for this country should be equal tobillion.

given information exports = $900 imports = -675 capital outflow = -225 capital inflow = $135

Assume the following to be a portion of the simplified balance of payments statement for a hypothetical country. The values are given in billions of dollars. Еxports $900 - $675 Imports Capital Outflows Capital Inflows - $225 $135 If the central bank has not changed its holding of foreign-currency reserves during this period, then the capital-service account for this country should be equal to S billion.

Assume the following to be a portion of the simplified balance of payments statement for a hypothetical country. The values are given in billions of dollars. Еxports $900 - $675 Imports Capital Outflows Capital Inflows - $225 $135 If the central bank has not changed its holding of foreign-currency reserves during this period, then the capital-service account for this country should be equal to S billion.

International Financial Management

14th Edition

ISBN:9780357130698

Author:Madura

Publisher:Madura

Chapter20: Short-term Financing

Section: Chapter Questions

Problem 5ST

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Question

Assume the following to be a portion of the simplified balance of payments statement for a hypothetical country. The values are given in billions of dollars.
Exports
Imports
Capital Outflows
Capital Inflows
$900
- $675
- $225
$135
If the central bank has not changed its holding of foreign-currency reserves during this period, then the capital-service account for this country should be equal to
billion.

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