Suppose a Country Has the Following Balance of Payments Data

question 8

Short Answer

Suppose a country has the following balance of payments data:
Merchandise exports100
Merchandise imports130
Service exports60
Service Imports50
Investment income receipts75
Investment income payments100
Transfers to other countries15
Increase in home country assets abroad130
Increase in foreign assets in home country190
a.Calculate the current account balance.
b.Calculate the capital account balance.
c.Calculate the trade balance.
d.Calculate net factor payments.