Tutorial 2 Q Balance of Payment.doc - TROY International Trade and Finance(ECO 451 Tutorial 2 Topic 2-Balance of Payment Q1 What is the balance of

Tutorial 2 Q Balance of Payment.doc - TROY International...

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TROY International Trade and Finance (ECO 451) Tutorial 2 Topic 2 -Balance of Payment Q1 What is the balance of payment account ? Slide 2 Q2. Given the following data, what is the country’s current account balance ? Merchandise trade balance = -120 Service trade balance = -45 Unilateral transfers made in excess of those received = 15
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Unformatted text preview: Q3. Foreign direct investment is a component of ______________. Slide 11 Q4 If value of payment made to foreigners exceeds the value of payment received from foreigners, then the nation is facing a balance of payment _________________ . 1...
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