balance of payments essay - bartleby
BALANCE OF TRADE AND BALANCE OF PAYMENTS – An Introduction The balance of payments account indicates a systematic record of all export incomes and import payments of a country during any year. Any import from abroad has to be paid for. On the other hand, any export will bring money flow into the country.
Answered: Balance of Payments (Billions of… | bartleby
The following table shows the value of credits and debits in four balance-of-payments accounts in the fictional economy of Moraha. Debits Balance-of-Payments Account (Billions of dollars) 80 30 35 25 Merchandise Services Income Receipts Unilateral Transfers Total 170 Based on the total values of Moraha's debits and credits, there is Moraha.
Answered: Examine the summary of the balance of… | bartleby
A Summary of the U.S. Balance of Payments for 2021 (in $ billion) Current Account [1] Exports [1.1] Goods [1.2] Services [2] Imports [2.1] Goods [2.2] Services [3] Primary income [4] Secondary income Balance on current account [[1]+[2]+[3]+[4]] Capital Account Balance on capital account Financial Account (excluding official reserves) [5] Direct ...
Answered: At the balance sheet date, a business… | bartleby
Q: A mortgage balance of $25,000 is to be repaid over a 10-year term by equal monthly payments at 3.5%… A: A mortgage balance is the total amount owed at any given point in the mortgage's term and is made up…
Answered: ach of the following transactions,… | bartleby
A summary of a country's economic transactions with foreign residents and govemments is called the Answer 1. current account balance. 2. capital account balance. 3. balance of trade. 4. balance of payments.
Answered: For each of the following transactions,… | bartleby
Transcribed Image Text: For each of the following transactions, determine which U.S. balance of payments account is credited and which is debited and by how much. Assume payments for all transactions are deposited into a U.S. dollar-denominated bank account. Instructions: Enter your answer as a whole number. a.
Answered: Alpha's balance-of-payments data for… | bartleby
Alpha's balance-of-payments data for 2020 are shown below. All figures are in billions of dollars. Category Value Goods exports $ +50 Goods imports -35 Service exports +25 Service imports -10 Net investment income -5 Net transfers +10 Balance on capital account Foreign purchases of Alpha assets +25 Alpha purchases of assets abroad …
Answered: On October 23, you plan to purchase a… | bartleby
Both cards have a $0 balance as of October 1. The closing date is the end of the month for each card. Your plan is to make a $600 payment in November, make a $600 payment in December, and pay off the remaining balance in January. All your payments will be received and posted on the 10th of each month. No other charges will be made on the account.
Answered: Cash Debit Credit Balance, December 31,… | bartleby
Cash Debit Credit Balance, December 31, prior year Receipts from customers Receipts from equipment sale Receipts from issuing stock 11, 200 67, 200 Payments for inventory 29,000 Payments for salaries 44,800 Payments for land 34, 600 22, 400 56, 000 18, 800 3,600 Payments for a copyright Payments for dividends Balance, December 31, current year ...
Answered: Suppose you owe $14,000 on a credit… | bartleby
Because the balance is so high, you choose to stop charging and pay off the card. You can afford to make only the minimum monthly payment, which is 5% of the balance. Then your balance after t months is given by B = 14,000(1.02 0.95)t dollars. How many payments will you have to make to get the balance below $200?
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