kaylasedgewick9272 kaylasedgewick9272

06-02-2020
Business

contestada

Suppose the balance on the current account is +$50 billion and the balance on the capital account is +$1 billion. The balance on the financial account is

Respuesta :

jepessoa jepessoa

07-02-2020

Answer:

-$49 billion

Explanation:

The balance on the financial account = capital account balance - current account balance = $1 billion - $50 billion = -$49 billion

The balance of payments (BOP) = current account balance + financial account balance + capital account balance

since BOP is always $0, then:

capital account balance = current account balance + financial account balance

$1 billion = $50 billion - $49 billion

Answer Link

Otras preguntas

A point source discharges organic waste into a stream. Which of the following graphs best depicts the expected pattern for dissolved oxygen (DO) in this stream

The milk of many mammals contains cannabinoids, substances that are known to stimulate certain receptors in the brain. To investigate the function of cannabinoi

The rectangle below has an area of x2 + 11x + 28 square meters and a length of 2 + 7 meters. What expression represents the width of the rectangle? 2 + 7 Width

James is 72 inches tall. If his brother is only 80% of his height, how tall is his brother?___ inches

Which of the following statements is true? Multiple Choice 1. Dividends to stockholders are tax deductible. 2. Interest on bonds is not tax deductible. 3. Bo

How doni balance a equation correctly?

What is the first stage years for the triangular trade

If the work output of a simple machine is 40 joules in the work input it's 50 joules d percent offense efficiency is

An asset was acquired on January 1, 2021, for $15,000 with an estimated 4-year life and $1,000 residual value. The company uses straight-line depreciation. Calc

© MP3 Construct Arguments Trevor wants to buy three light fixtures that cost $168 each. He has $500. Does he have enough money to buy the three light fixtures?