You are given the following information about a country's international transactions during a year: Merchandise exports...

You are given the following information about a country's international transactions during a year: Merchandise exports $2,000 Merchandise imports 1,800 Service exports 1.500 Service imports 1,600 Income flows, net 800 Unilateral transfers, net −1,200 Increase in the country's holding of foreign assets, net (excluding official reserve assets) 3,000 Increase in foreign holdings of the country's assets, net (excluding official reserve assets) 2,200 Statistical discrepancy, net 88 Required: a) Calculate the values of the country's goods and services balance, current account balance, and official settlements balance. b) What is the value of the change in official reserve assets (net)? Is the country increasing or decreasing its net holdings of official reserve assets?

Expert Solution

Rahul Sunny answered 8 months ago

1. You are given the following information about a country’s international transactions during a year: Item...

1. You are given the following information about a country’s international transactions during a year: Item Value ($ millions) Exports 526 Imports 402 Net Income from Foreigners 3 Net Unilateral Transfers -8 Net Increase in the Country's Holding of Foreign Assets (excluding official reserves) 202 Net Increase in Foreign Holdings of the Country's Assets (excluding official reserves) 102 Net Statistical Discrepancy 4 a. Please calculate the country’s net exports. b. Please calculate the country’s current account balance. c. Please calculate...

5. Which of the following factors affects a country's exports, imports, and net exports? (x) international...

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Our company had the following balances and transactions during the current year related to merchandise inventory....

Our company had the following balances and transactions during the current year related to merchandise inventory. Beginning merchandise inventory on January 1 120 units at $70 per unit Purchase on February 14 100 units at $85 per unit Sale on August 21 120 units What would be the company’s ending merchandise inventory in dollars on December 31 if the company used perpetual, weighted average (WA) costing method? $9,900 $7,000 $9,218 $7,682

.Our company had the following balances and transactions during the current year related to merchandise inventory....

.Our company had the following balances and transactions during the current year related to merchandise inventory. Beginning merchandise inventory on January 11 20 units at $70 per unitPurchase on February 14 100 units at $85 per unitSale on August 21 120 units What would be the company's ending merchandise inventory in dollars on December 31 if the company used perpetual, last in, first out (LIFO) method? $9,900 $8,500 $8,400 $7,000 2.Our company had the following balances and transactions during the...

Use the information in the following table, and information given on imports and exports, to determine...

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Q3: You are given the following information about ABC Company for year 2017 and you are...

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You have been given the following information about a motel for the coming year: &

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1)The following transactions of M&B Merchandise Company are given: &nb

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The following transactions of M&B Merchandise Company are given: January 2, 2019 Purchased merchandise for TL...

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Suppose that you are given the following information about the stock price/dividends for a company: Year...

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