Describe the current account balance the capital account, Ask an Expert

Economics

Consider Republic of Netflex's Balance of Payments in 2009:

Foreign investment into Netflex + 22
Imports of goods and services - 378
Netflex investment abroad - 35
Exports of goods and services + 411
Net transfers + 3
Statistical discrepancy + 10
Net interest payments - 34

Organize the above data into the appropriate categories for the current and capital accounts; describe the current account balance, the capital account balance, and the official settlements account balance.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9220438

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