| Question | A nation records the following data for 2008: exports of automobiles ($100) and corn ($150); imports of oil ($150) and steel ($75); tourist expenditures abroad ($25); private lending to foreign countries ($50) ; private borrowing from foreign countries ($40); official-reserve changes ($30 of foreign exchange bought by domestic central bank) . Calculate the statistical discrepancy and include it in private lending to foreign countries. Create a balance-of-payments table like Table 27-2. |
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| Subject | business economics |
