Question

Suppose that a country has the following data on international transactions in a given year: Exports of goods and services: $1000 Imports of goods and services: $800 Net change in assets owned abroad: $500 Net change in foreign-owned assets at home: $ 400 Unilateral transfers received: $ 0 Unilateral transfers paid: $200 Investment income paid to foreigners: $300 Investment income received from foreigners: $ 400 Then its balance on current account for that year is +200 +100 0 -100

Answer 1

=>Q-1 :: ANSWER :: (A) +200

Sr. No	Particular	Amount($)
1	Export Of Goods And Services	$1000
2	Net Changes In Assets Owned abroad	$500
3	Unilateral Transfer Received	$0
4	Investment Income Received From Foreigners	$400
	TOTAL(A)	$1900
1	Import Of Goods and Services	$800
2	Net Changes In Foreign Owned Assets At Home	$400
3	Unilateral Transfer Paid	$200
4	Investment Income Paid To Foreigners	$300
	TOTAL(B)	$1700
	Balance Of Payment (A-B)	$200

Q-2 :: ANSWER :: FALSE

=> Explanation ::

In US Foreign Own More Assets Than US Owns In Abroad so US Has Capital Inflow So Foreigners Own Large Amount Of Assets In america And America Own In abroad Is Less Than that. Foreigners in US Own Properties, Real Estate, And other Assets In America. Because Of High Currency Value America Attract The Foreign investor

Q-3 :: ANSWER :: (C) Depreciate Against US Dollar Likely Increase Turkish New Export

=> Explanation ::

As We Show The TL Price On September 2019 Is 5.7 TL Per Dollar But In May 2020 The Price Is 7.01 TL Per Dollar So The Value Of Turkish TL Decrease Turkish have Pay 1.31 TL  More Money to Buy One Dollar So Turkish Lira Depreciate Against US Dollar. So As Currency Depreciate Turkish Export Is Cheaper For Us So With One US Dollar American Can buy More Goods and Service Than Before. So Turkish Net Export Increase.