Exports of goods and services $652 Imports of goods and services $734 Net increase in U.S. holdings of foreign assets (excluding official reserve assets) $150 Net increase in foreign holdings of U.S. assets (excluding official reserve assets) $273 Investment income (interests) paid to foreigners $359 Investment income (interests) received from foreigners $223 Unilateral transfers received from foreigners $92 Unilateral transfers given to foreigners $158

Exports of goods and services $652 Imports of goods and services $734 Net increase in U.S. holdings of foreign assets (excluding official reserve assets) $150 Net increase in foreign holdings of U.S. assets (excluding official reserve assets) $273 Investment income (interests) paid to foreigners $359 Investment income (interests) received from foreigners $223 Unilateral transfers received from foreigners $92 Unilateral transfers given to foreigners $158

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 3SCQ: State whether each of the following events Involves a financial flow to the Mexican economy or a...

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1._______ The total value of a nation’s exports minus thetotal value of its imports over some period of time.2._______ The ability to produce a specific product moreefficiently than any other nation.3._______ Selling and shipping raw materials or products toother nations.4._______ The ability to produce a specific product moreefficiently than any other product.5._______ All business activities that involve exchangesacross national boundaries.6._______ The total flow of money into a country minus thetotal flow of money out of that country over thesame period of time.7._______ A tax levied on a particular foreign product entering a country.8._______ A complete halt to trading with a particular nationor in a particular product.9._______ An international barter transaction.10. _______ An internationally supported bank that providesloans to developing countries to help them grow.a. countertradeb. foreign exchange controlc. multilateral development bank (MDB)d. absolute advantagee. import…
Goods imports 635 Goods exports 419 Services imports 144 Services exports 215 Net unilateral transfers -35 Investment income received 278 Investment income paid 225 Capital account -3 Net US acquisition of financial assets 84 Net US incurrence of of liabilities 158 Net change in financial derivatives -21 Statistical discrepancy Based on Table 9.2, this country is currently running a Group of answer choices balance of goods of 216 current account deficit of 92 balance of services of -71 current account deficit of 127
What effect would a country's lower price level relative to the price levels of its major trading partners have on its net exports? Group of answer choices a.)Net exports would increase, since imports and exports would both increase. b.)Net exports would decrease, since exports and imports would both decrease. c.)Net exports would increase, since exports would increase and imports would decrease. d.)Net exports would decrease, since exports would decrease and imports would increase.
Referring to the table below, fill in the missing data for the country of Birchwood. Expenditures Incomes Consumption 410 Compensation of employees 510 Gross investment 135 Gross operating surplus Government spending 215 Gross mixed income 90 Net exports 110 Taxes less subsidies on production 50 Indirect taxes (net of subsidies) 60 Gross domestic product at market prices Gross domestic income at market prices Less depreciation 40 Less depreciation 40 Less indirect taxes (net of subsidies) 60 Less indirect taxes (net of subsidies) 60 Net domestic product at basic prices Net domestic income at basic prices +/− Net foreign factor income −45 +/− Net foreign factor income −45 Net national product at basic prices (Net) national income Add transfer payments 130 Less undistributed profit 30 Less corporate profit tax 40 Less other income items 30 Personal income Answer
Goods imports 635 Goods exports 419 Services imports 144 Services exports 215 Net unilateral transfers -35 Investment income received 278 Investment income paid 225 Capital account -3 Net US acquisition of financial assets 84 Net US incurrence of of liabilities 158 Net change in financial derivatives -21 Statistical discrepancy Based on the table above, this country is currently running a Group of answer choices positive trade balance negative balance of services negative trade balance positive balance of goods
wouldn't the answer be $184 since you also have to subtract net transfers abroad - debit loss of $10. (GDP+net income earned by foreign investment - investment income paid to foreigners + net transfers) $200+$22-$28-$10 = $184
The exports of Uruguay, a developing country, are made essentially of primary commodities. A comparison between export prices received by Uruguay and the price paid for its imports shows the following: on average export prices rose 40% between 2000 and 2010, while import prices went up by 150%. Index quantities exported by the country were Qx = 15 (in 2000), and Qx = 30 (in 2010). Uruguay’s income terms of trade (ITT) in 2000, was: Group of answer choices 100. 1,680. 2,000. 250. 1,500.
Exports of goods and services 1,872 Imports of goods and services 2,375 Net unilateral transfers -99 Net Investment Income 170 Capital Account -7 Net US acquisition of financial assets 958 Net US incurrence of liabilities 1,391 Net financial derivatives -14 Based on the table above, the balance on the financial account is Group of answer choices 454 447 -14 -447
3. Net capital outflow and net exports
1._______ The total value of a nation’s exports minus thetotal value of its imports over some period of time
Exports of goods and services 1,872 Imports of goods and services 2,375 Net unilateral transfers -99 Net Investment Income 170 Capital Account -7 Net US acquisition of financial assets 958 Net US incurrence of liabilities 1,391 Net financial derivatives -14 Based on the table above, the balance on the current account is Group of answer choices 673 503 -432 -447 -503
Which of the following best describes foreign direct investment (FDI)?a.ofAmouge, an Omani company's direct investment in production and/or service in Omanb. None of the choices mentioned here rightly explain the concept of FDIThe purchases of foreign stocks by the stockholders of Omanteld. A Kuwaiti company using an intermediary when making foreign investments in Ghanae. (The purchases Omani stocks and bonds by citizens of Saudi Arabia