The table gives some information about international transactions in the country

Question

The table gives some information about international transactions in the country of Plutonia. Item Imports of goods and services Foreign investment in Plutonia Billions of dollars 1,487 1,051 990 456 What is the capital and financial account balance? The capital and financial account balance isbillion dollars. >>> Include the statistical discrepancy in the capital and financial account balance. Exports of goods and services Plutonian investment abroad Net interest income Net transfers Statistical discrepancy 7 >>Record a negative balance with a minus sign. Do not record a positive balance with a plus sign. -68 - 36

Explanation / Answer

Capital Account = Net interest income+ Net transfers

Capital Account = 7-68 = 55

Financial account = Foreign investment -Investment abroad

Financial Account = 1051-456   = 595

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