Items RM (million) Freight and insurance -4,255 Other transportation 93 Income from investment -5525 Travel 655 Other services 1,550 Export 95,750 Imports 98,230 Private short-term capital (net) 3215 Official long-term capital (net) 630 Corporate Investment (net) 9,200 Transfer Payments (net) 350 Errors and Omissions 750 Calculate: 1. Balance of services 2. Current account balance 3. Basic balance 4. Capital account balance 5. Overall balance
Items RM (million) Freight and insurance -4,255 Other transportation 93 Income from investment -5525 Travel 655 Other services 1,550 Export 95,750 Imports 98,230 Private short-term capital (net) 3215 Official long-term capital (net) 630 Corporate Investment (net) 9,200 Transfer Payments (net) 350 Errors and Omissions 750 Calculate: 1. Balance of services 2. Current account balance 3. Basic balance 4. Capital account balance 5. Overall balance
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter20: The Global Economy
Section20.2: Direct Foreign Investment- Should We Be Worried?
Problem 1R
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Question
- The following table shows the balance of payment for a country in 2004.
Items |
RM (million) |
Freight and insurance |
-4,255 |
Other transportation |
93 |
Income from investment |
-5525 |
Travel |
655 |
Other services |
1,550 |
Export |
95,750 |
Imports |
98,230 |
Private short-term capital (net) |
3215 |
Official long-term capital (net) |
630 |
Corporate Investment (net) |
9,200 |
Transfer Payments (net) |
350 |
Errors and Omissions |
750 |
Calculate:
1. Balance of services
2. Current account balance
3. Basic balance
4. Capital account balance
5. Overall balance
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