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-The table above shows some data for Wiland, a country whose currency is the bont. The official settlement balan interest income, and net transfers from abroad are zero.
a) What is Wiland's imports of goods and services?
b) What is Wiland's current account balance?
c) What is Wiland's capital account balance?
d) What is Wiland's net taxes?
e) What is Wiland's private sector balance?
Open Market
An economic system in which prices for goods and services are determined by unrestricted competition between privately owned businesses.
Capital Gains Rate
The tax rate applied to the profit from selling an asset that has increased in value.
Profit-sharing Bonuses
A type of incentive given to employees where they receive a share of the company’s profits, typically as part of their compensation package.
Seniority
The concept of giving preference to employees with longer tenure in aspects of employment such as promotions, pay increases, and layoffs.
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