HW Chapter 5 - Universidad Iberoamericana BBA in...

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Universidad Iberoamericana BBA in International Business Applied Macroeconomics Professor Carmen L. Sanchez Group 1 – Section 02 Homework Chapter 5 Beatriz Asilis (10-1013) Virgilio Alvarez (10-----) Xasica Rosario (10-0147) Maria G. Liriano (09-0881) Valerie Bodden K. (10-0014) May 30, 2011
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Santo Domingo, Dominican Republic Review Questions 1) List the categories of credit items and debit items that appear in a country's current account. What is the current account balance? What is the relationship between the current account balance and net exports? Any transaction that brings funds into a country is a credit item and is entered with a positive sign; some examples can be Exports of goods and services, and Income receipts from abroad. On the other hand, any transaction that involves a flow of funds out of a country is a debit item, and is entered with a negative sign; some examples can be Imports of goods and services and Income payments to residents of other countries. The current account balance is what measures a country’s trade in products and
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HW Chapter 5 - Universidad Iberoamericana BBA in...

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