During the year 2018, the following information was reported by the Serbia (Thousands USD): Exports of goods Imports of goods Exports of services Imports of services Foreign direct investments Direct investments abroad 2,350,000 Acquisitions of non-financial assets 4,150,000 Capital transfers to homeland Transfer, Credit 450,000 300,000 250,000 55,000 Transfer, Debit Decrease in Official reserves 280,000 420.000 440,000 130,000 90,000

Principles of Economics (MindTap Course List)
8th Edition
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter31: Open-Economy Macroeconomics: Basic Concepts
Section: Chapter Questions
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  1. Balance on current account?

  2. Balance on capital account?

  3. Balance on financial account?

  4. Does Serbia balance of payments show a deficit, a surplus, or are its international

    payments accounts in balance?

During the year 2018, the following information was reported by the Serbia (Thousands USD):
Exports of goods
Imports of goods
Exports of services
Imports of services
Foreign direct investments
Direct investments abroad
2,350,000 Acquisitions of non-financial assets
4,150,000
Capital transfers to homeland
Transfer, Credit
Transfer, Debit
450,000
300,000
250,000
55,000
Decrease in Official reserves
280,000
420.000
440,000
130,000
90,000
Transcribed Image Text:During the year 2018, the following information was reported by the Serbia (Thousands USD): Exports of goods Imports of goods Exports of services Imports of services Foreign direct investments Direct investments abroad 2,350,000 Acquisitions of non-financial assets 4,150,000 Capital transfers to homeland Transfer, Credit Transfer, Debit 450,000 300,000 250,000 55,000 Decrease in Official reserves 280,000 420.000 440,000 130,000 90,000
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