54.
The table given below reports the value of various international transactions in Germany for the year 2011. The negative sign denotes the outflow of euros from Germany.
German 2010 Transactions in Millions of Euros
Capital Inflows € 1,420
Exports of Goods € 750
Imports of Services – €430
Investment Income Receipts € 400
Investment Income Payments € 670
Unilateral Transfers – €470
Exports of Services € 340
Imports of Goods – €790
Capital Outflows – €920
Compute the merchandise trade balance of Germany in 2011.
A) -€800
B) -€130
C) -€40
D) €40
E) €130
55.
The table given below reports the value of various international transactions in Germany for the year 2011. The negative sign denotes the outflow of euros from Germany.
German 2010 Transactions in Millions of Euros
Capital Inflows € 1,420
Exports of Goods € 750
Imports of Services – €430
Investment Income Receipts € 400
Investment Income Payments € 670
Unilateral Transfers – €470
Exports of Services € 340
Imports of Goods – €790
Capital Outflows – €920
Calculate the current account balance for Germany for the year 2011.
A) -€1,720
B) €500
C) -€870
D) €784
E) -€650
56.
The table given below reports the value of various international transactions in Germany for the year 2011. The negative sign denotes the outflow of euros from Germany.
German 2010 Transactions in Millions of Euros
Capital Inflows € 1,420
Exports of Goods € 750
Imports of Services – €430
Investment Income Receipts € 400
Investment Income Payments € 670
Unilateral Transfers – €470
Exports of Services € 340
Imports of Goods – €790
Capital Outflows – €920
Compute the capital account balance for Germany.
A) -€430
B) -€800
C) €180
D) €500
E) -€550