Prepare a suitable diagram showing balance of trade from the following data. Year-1994,1995,1996,1997,1998,1999 export-24,115,84,110,130,162 import-9,92,92,120,183,187
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- In 2012, the country of Portugal exported goods worth $312 billion and services worth $198 billion. It imported goods worth $520 billion and services worth $225 billion. It's investors received $261 billion in income on foreign stocks and bonds, while it paid $151.2 billion in dividends for Portuguese assets. It sent $2.1 billion in typhoon relief to the Philippines, and received $3 billion to support its scientific research into cork flooring. What was the current account balance in Portugal for 2012?State true/False Difference between value of exports and imports of goods and services is called trade balance.Using the table below, Calculate the Net Barter term of trade for each year using 2010 as the base year. YEAR PRICE OF EXPORTS PRICE OF IMPORTS QUANTITY EXPORTED 2010 100 100 100 2011 95 120 110 2012 80 110 120
- Iberia's imports of goods and services are $ ____ billion Thanks!!In 2001, the United Kingdom's economy exported goods worth £192 billion and services worth another £77 billion. It imported goods worth £225 billion and services worth £66 billion. Receipts of income from abroad were £140 billion while income payments going abroad were £131 billion. Government transfers from the United Kingdom to the rest of the world were £23 billion, while various U.K government agencies received payments of £16 billion from the rest of the world. Calculate the U.K. merchandise trade deficit for 2001. Calculate the current account balance for 2001.Define purchasing power parity. What is the importance of purchasing power parity when you are trying to establish value for a company located in an emerging market?
- Calculating the gross domestic product for various countries using purchasing power parity exchange rate is more reliable as exchange rates fluctuations are included. less reliable as exchange rates fluctuations are included. more reliable as the impact of exchange rates fluctuations is reduced.A currency depreciates if it buys less of a foreign currency than it did before. The US dollar depreciated against what currency(a) from month 1 to month 2? Explain using the chartWhat is nation’s current account balance on its balance of payments given the following information? Imports: $206 Exports: $250 Government spending abroad: $33 Direct investment abroad; $34 Foreign purchases of U.S. securities: $33 Net income from investment abroad: $71
- If the balance of trade is 2050 billion and the value of exports are 3000 billion find the value of imports!Distinguish between Exchange Rate Method and Purchasing Power Parity as methods of comparing Country GDP in terms of either income or expenditure through an exampleSuppose India has a GDP of 196 trillion Indian rupees, and a population of 1.3 billion. The exchange rate is 75 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars.
