Illustrate what is the current account balance. illustrate, Ask an Expert

Economics

Compute current also capital account balance.

The international transactions for the country Kyle land for a given yr are reported in the table below.

Transaction	Amount (billions of dollars)
Exports of goods & services	100
Imports of goods & services	130
Transfers to the rest of the world	20
Loans to the rest of the world	60
Loans from the rest of the world	0
Increases in official reserves	10
Net interest payments	0

(i) Illustrate what is the amount of loans from the rest of the world?

(ii) Illustrate what is the current account balance?

(iii) Illustrate what is the capital account balance?

(iv) Illustrate what is the official settlements balance?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M916459

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