Login

(U.S. Balance of Payments,6pts) Listed below is U.S.s BOP for the years from 2005 to...

60.1K

Verified Solution

Question

Finance

$($ U $.$ S $.$ Balance of Payments, $6$ pts $)$ Listed below is U $.$ S $.$ s BOP for the years from $2005$ to $2009 .$

Account $($ millions of US dollars $)$

$2005$

$2006$

$2007$

$2008$

$2009$

A $.$ Current Account

Balance on goods

$- 782805$

$- 837289$

$- 821197$

$- 832492$

$- 509695$

Balance on services

$68558$

$75573$

$115821$

$123765$

$125920$

Balance on income

$67632$

$43338$

$100604$

$146147$

$123584$

Balance on current transfers

$- 98822$

$- 88347$

$- 89, 872$

$- 124062$

$- 120602$

B $.$ Capital Account

$13116$

$- 1788$

$384$

$6010$

$- 141$

C $.$ Financial Account

Direct investment abroad

$61925$

$296059$

$532940$

$351724$

$313726$

Direct investment in the U $.$ S $.$

$138329$

$294289$

$340066$

$336, 101$

$153788$

Portfolio investment assets, net

$267291$

$493366$

$380806$

$- 284268$

$375884$

Portfolio investment liabilities, net

$832038$

$1126735$

$1156613$

$523683$

$357352$

Balance on other investment assets and liabilities, net

$73668$

$179922$

$34197$

$- 63236$

$357178$

D $.$ Net Errors and Omissions

$31597$

$- 634$

$?$

$?$

$149970$

E $.$ Reserves and Related Items

$- 14095$

$- 2374$

$122$

$4848$

$52256$

The balance of capital and financial account $($ BKA $)$ in $2008$ was $ $________$ million.

Answer & Explanation Solved by verified expert

answer-section

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Other questions asked by students

1 Answer

$0.99

~~$1.99~~

(Save $1 )

One time Pay

No Ads
Answer to 1 Question
Get free Zin AI - 50 Thousand Words per Month

Best

Unlimited

$4.99*

~~$9.99~~

(Save $5 )

Billed Monthly

No Ads
Answers to Unlimited Questions
Get free Zin AI - 3 Million Words per Month

*First month only

Free

$0

Get this answer for free!
Sign up now to unlock the answer instantly

You can see the logs in the Dashboard.

Sign In

Don't have an account? Sign Up