What is the current account

Assignment Help Business Economics
Reference no: EM131927228

Using the information in the following table on Mexico's 1996 international transactions to answer the questions (amounts are in U.S. dollar values in millions):

Merchandise Imports                                                             $89,469

Merchandise Exports                                                             $96,000

Services Exports                                                    $10,901

Services Imports                                                    $10,819

Investment Income receipts                                    $17,099

Unilateral Transfers                                                $ 4,531

Given the information above, what is the balance of trade?

What is the current account?

Did Mexico become a larger international debtor during 1996?

Reference no: EM131927228

Questions Cloud

Explain why united states should build spent nuclear fuel : Explain why the United States should build spent nuclear fuel reprocessing plants. Do you agree or disagree with their position? Why, or why not?
Establish a price that is lower than the actual costs : So, firms engage in forward pricing when they establish a price that is lower than the actual costs in the early stages of the learning curve.
Impact of pollution disproportionately : Do people of lesser means in America feel the impact of pollution disproportionately to those of greater means? What does this impact potentially mean?
Accounting for impact of annual depreciation on income taxes : If the initial cost of the rental building is $800,000 (before accounting for the impact of annual depreciation on income taxes),
What is the current account : What is the current account? Did Mexico become a larger international debtor during 1996?
Discuss about the integrated marketing communications : Discuss about the Integrated Marketing Communications.
What are the major differences between pert and cpm : What are some of the questions that can be answered with project management? What are the major differences between PERT and CPM?
Aspects of characteristic''s of human beings : What three aspects of characteristic's of human beings give them special moral worth or a privileged position in moral community?
What is the maximum possible expected return of portfolio : If you cannot borrow money, what is the maximum possible expected return of your portfolio?

Reviews

Write a Review

Business Economics Questions & Answers

  Calculate the company disbursement float

a. Calculate the company's disbursement float, collection float, and net float.

  Offshore assembly provisions in its tariff code

Why would a country include offshore assembly provisions in its tariff code?

  Q1 find the equilibrium price and quantity after the shift

q1. find the equilibrium price and quantity after the shift of the supply curve.q2. a machine used to cereal boxes

  Can we say that the plant in country b is more efficient

Can we say that the plant in country b is more efficient than the plant in country A? Discuss in terms of both technology and economic efficiency.

  Nature and structure of labor markets

Borrowing from Kalleberg, Lazonick, and Meyerson’s “How the American South…”, and “Forty-Year Slump,” compare and contrast the two macro employment systems (1945-1975 and 1975-present) in terms of key employment outcomes and indicate which system und..

  Explain the liquidity effect and feedback effects

Explain the liquidity effect and the feedback effects (income effect, price-level effect, and inflation effect) from an expansionary monetary policy.

  Individuals filing federal income tax returns prior

Individuals filing federal income tax returns prior to March 31 received an average refund of $1056. Consider the population of "last-minute" filers who mail their tax return during the last five days of the income tax period.

  What are the pros and cons of nafta

How do you evaluate NAFTA? What are the pros and cons of NAFTA? Is the United States a winner or a loser in this trade agreement?

  A company builds furniture recently different woods they

a company builds furniture. recently different woods they use have become harder to obtain. consultation with

  State select on the basis of annual worth analysis

A state highway department is trying to decide whether it should “hot-patch” a short section of an existing county road or resurface it. If the hot-patch method is used, approximately 300 cubic meters of material would be required at a cost of $700 p..

  Caused by excessive saving on the part of the public

Some people claim that recessions are caused by excessive saving on the part of the public. When people decide to save more, they are deciding to buy less now. Won’t that cause some goods to go unsold?

  An increase in personal income tax on interest income will

An increase in the personal income tax on interest income will

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd