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The Table Given Below Reports the Value of Various International

question 13

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The table given below reports the value of various international transactions in Germany for the year 2011. The negative sign denotes the outflow of euros from Germany.
Table 6.1
 German 2010 Transactions  Millions of Euros  Capital Inflows 1,420 Exports of Goods 750 Imports of Services 430 Investment Income Receipts 400 Investment Income Payments 670 Unilateral Transfers 470 Exports of Services 340 Imports of Goods 790 Capital Outflows 920\begin{array}{|l|c|}\hline \text { German 2010 Transactions } & \text { Millions of Euros } \\\hline \text { Capital Inflows } & € 1,420 \\\hline \text { Exports of Goods } & € 750 \\\hline \text { Imports of Services } & -€ 430 \\\hline \text { Investment Income Receipts } & € 400 \\\hline \text { Investment Income Payments } & € 670 \\\hline \text { Unilateral Transfers } & -€ 470 \\\hline \text { Exports of Services } & € 340 \\\hline \text { Imports of Goods } & -€ 790 \\\hline \text { Capital Outflows } & -€ 920 \\\hline\end{array}
-Refer to Table 6.1. Compute the capital account balance for Germany.

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Assumptions

Accepted beliefs or statements taken for granted without proof, often forming the basis for decision-making or reasoning processes.

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A tool used to assess and measure the cultural norms and behaviors within an organization, helping to understand its impact on performance and effectiveness.

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