Ch4 Problems - Chapter 4 Problems Vuntana...

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Chapter 4 Problems Vuntana Mongkolkanjanasiri 1. What is the Australia’s balance on goods trade ? Assumption 1998 1999 2000 2001 2002 2003 2004 2005 Goods:  exports 55884 56096 64052 63676 65099 70577 87207 106969 Goods:  imports -61215 -65857 -68865 -61890 -70530 -85946 -105238 -120372 Goods Trade  Balance  (BOT) -5331 -9761 -4813 1786 -5431 -15369 -18031 -13403 2. What is the Australia’s balance on services ? Assumption 1998 1999 2000 2001 2002 2003 2004 2005 2006 Services:  credit 16181 17399 18677 16689 17906 21205 26362 28442 33088 Services:  debit -1091 -931 289 -259 -201 -433 -678 -918 869 Services  trade  balance -1091 -931 289 -259 -201 -433 -678 -918 869 3. What is the Australia’s balance on goods and services Assumption 1998 1 9 9 9 2000 2001 2002 2003 2004 2005 2006
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Goods Trade Balance  (BOT) -5331 - 9 7 6 1 -4813 1786 -5431 -15369 -18031 -13403 -9596 Services: debit -1091 - 9 3 1 289 -259 -201 -433 -678 -918 869 Balance on goods and  services -6422 - 1 0 6 9 2 -4524 1527 -5632 -15802 -18709 -14321 -8727 4. What is the Australia’s current account balance ? Assumption 1998 1999 2000 2001 2002 2003 2004 2005 2006 Goods Trade  Balance (BOT) -5331 -9761 -4813 1786 -5431 - 1536 9 -18031 -13403 -9596 Services: debit -1091 -931 289 -259 -201 -433 -678 -918 869 Balance on goods  and services -6422 -10710 -4524 1527 -5632 - 1580 2 -18709 -14321 -8727 Income balance -11310 -11574 -10532 -10269 -11690 - 1478 8 -21088 -26777 -32383 Net Transfer -282 -29 -47 21 -63 -84 -269 -363 -394 Current Account  Balance -18014 -22295 -19296 -8721 -17385 - 3067 -40066 -41461 -41504
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