Homework 7

Homework 7 - ECON 460 -001 and 002, Spring 2011 Homework 7:...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ECON 460 -001 and 002, Spring 2011 Homework 7: Due in class on April 11, 2011 1. Use the transactions in Example 7 to fill the entries in the following BOP: (20 points) Now let us write the BOP statement for the above example: I. Goods Exports: Goods Imports: Balance in Goods or Merchandise Trade Balance: Services Exports: Services Imports: Balance in Goods and Services: Investment Income Received: Investment Income paid: Balance in Goods, services and Investment Income: Unilateral Transfers Received: Unilateral Transfers Paid: Current Account Balance: II. Net increase in foreign owned long term assets in thS: Net increase in US holdings of long term foreign assets: III. Net increase in foreign owned short term assets in the US: Net increase in US holdings of short term foreign assets: IV. Net Increase in foreign Central bank holding of US assets: Net Increase in Fed’s holdings of foreign assets: Financial Account Balance: 2. Explain how the following items would be entered into the U. S. balance of payments:
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 2

Homework 7 - ECON 460 -001 and 002, Spring 2011 Homework 7:...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online