Describe Balance of payment. Of what is the current account generally composed? Of what is the capital account generally composed?
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Describe Balance of payment. Of what is the current account generally composed? Of what is the...
Exercise 3.3 Given the following Balance of Payment data for a given country: Current Account Balance: $ -2,000 Capital Account Balance: $-50. What must be the Financial Account Balance (Enter your answer as an integer. Include the minus sign if necessary)
The official settlements balance or balance of payments is the sum of A. the current account balance and the interest in all investments. B. the current account balance and the capital account balance, less the non-reserve portion of the financial account balance. C. the current account balance and the capital account balance. D. the current account balance and the non-reserve portion of the financial account balance. E. the current account balance, the capital account balance, the non-reserve portion of the...
#7 The __________ measures the sum of the current account balance plus the private capital account balance. Official capital balance Unofficial capital balance Official settlements balance Unofficial settlements balance
Question 5 (1 point) Receiving a $350 payment on an account with a current balance of $800 would include a: debit to accounts receivable and a credit to cash for $350 debit to cash and a credit to accounts receivable for $350 debit to cash and a credit to accounts receivable for $800 debit to cash and a credit to accounts payable for $350 Question 6 (1 point) Debit: Equipment 6,700 Credit: Cash 2,000 Credit: Note Payable 4,700 What is...
Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2 Assume no other adjusting entries are made during the year a. Prepaid Insurance. The Prepaid Insurance account has a $6,300 debit balance to start the year. A review of insurance policies shows that $1,700 of unexpired insurance remains at year-end. Prepaid Insurance Step 1: Determine...
The difference between net exports and the current account balance is O A. net exports measures the flow of goods; the current account balance measures the flow of capital O B. net exports is a subcategory of the current account balance. O C. net exports plus net capital flows is equal to the current account balance. OD. nothing; they are the same.
Step 1: Determine what the current account balance equals. Step 2: Determine what the current account balance should equal Step 3. Record the December 31 adjusting entry to get from step 1 to step 2 Assume no other adjusting entries are made during the year. a. Tao Co. receives $10,000 cash in advance for four months of evenly planned legal services beginning on October 1. Tao records it by debiting Cash and crediting Unearned Revenue both for $10,000. It is...
Question 31 (2.5 points) The balance of payments equals The current account balance plus the trade balance The current account balance plus the financial and capital account balance The current account balance plus the financial account balance O equals the trade balance. Question 32 (2.5 points) A crisis is the second state in the regulatory process the first stage in the regulatory process none of the answers are correct the third stage in the regulatory process
9. (a) Describe the difference between galvanic and electrolytic cells (5 pt) (b) Explain why it is generally more preferred to use a three electrode system (composed of working, counter, and reference electrodes) than a two electrode system in electrochemical analysis. Also explain the role of working, counter, and reference electrodes, respectively, in a three electrode system. (10 pt) 9. (a) Describe the difference between galvanic and electrolytic cells (5 pt) (b) Explain why it is generally more preferred to...
What is the effect of a dollar appreciation against all foreign currencies? The current account balance decreases, and the trade balance increases. The current account balance and the trade balance are both unaffected. The current account balance and the trade balance both decrease. The current account balance and the trade balance both increase. The current account balance increases, and the trade balance decreases.