In: Finance
What is the nation’s trade balance on its current account and capital account given the following information? Is the nation experiencing a cash (outflow) in its current account and capital account? Was there a net currency inflow or outflow? Please prepare a table for both current account and capital account. please provide formula and answer
Imports: $206
Exports: 250
Direct investment abroad: 34
Foreign investments in the country: 16
Foreign purchases of domestic securities: 33
Purchases foreign securities; 87
Net income from foreign investments; 71
Government spending abroad: 33