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Author Question: A country has the following items in its balance of payments: millionsExports of goods120Imports of ... (Read 72 times)

jeatrice

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  • Posts: 543
on: May 25, 2020

Question 1

In reality the balance of payments may not balance due to
◦ The balance of payments always balances.
◦ exports not equalling imports.
◦ net trading by the Bank of England.
◦ net errors and omissions.

Question 2

A country has the following items in its balance of payments:

​£ millions
Exports of goods120
Imports of services 60
Income flows and current transfers from abroad 80
Imports of goods150
Exports of services 50
Income flows and current transfers going abroad 30
Its balance on trade in goods and services is a
◦ deficit of £30m.
◦ deficit of £10m.
◦ deficit of £40m.
◦ surplus of £10.
◦ deficit of £20m.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by jeatrice on May 25, 2020

joshraies

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jeatrice

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review

bassamabas

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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