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The table below shows the summary of Balance of Payments in New Zealand.
Note: Net values are given as credits + debits with correct signs in the balance of payment table.
(a) If the current account balance is NZ$ - 14,212 (million), calculate exports of services.
(b) Calculate the trade balance.
(c) Calculate the financial account balance.
(d) Calculate the overall (official settlements) balance (B).
(e) Calculate the change in the official reserve assets (net). Is NZ increasing or decreasing its net holdings of official reserve assets?
I need to conduct bivariate tests using two regime threshold cointegration for nonlinear relations. I have the code but it will nee some modification. Is there someone can help?
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(Average inventory/Cost of sales) * 365 days Average inventory can be arrived by taking this year's and last year's inventory values and dividing by 2 - (Opening inventories
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