预览加载中,请您耐心等待几秒...
1/10
2/10
3/10
4/10
5/10
6/10
7/10
8/10
9/10
10/10

在线预览结束,喜欢就下载吧,查找使用更方便

如果您无法下载资料,请参考说明:

1、部分资料下载需要金币,请确保您的账户上有足够的金币

2、已购买过的文档,再次下载不重复扣费

3、资料包下载后请先用软件解压,在使用对应软件打开

(一)论述、简答、计算题:1、WhatisthecurrentaccountbalanceofFrancewhentheFrenchbudgetsurplusis348millionEuros,privatesavingis256millionEuros,domesticcapitalformationis134millionEuros?解答:Nationalsaving=privatesaving+governmentsaving=256+348=604millionCurrentaccountbalance=nationalsaving–domesticrealinvestment=604-134=470million附:Currentaccountbalance(CA)=netforeigninvestment(If)Nationalsaving(S)=domesticrealinvestment(Id)+netforeigninvestment(If)If=CA=S-Id,CA=Y(domesticproductionofgoodsandservices)-E(totalexpendituresongoodsandservices)2、WhichofthefollowingtransactionscouldcontributetoaBritishcurrentaccountsurplus?ExplainwhyaFrenchfirmsellsdefenseequipmenttotheBritishgovernmentfor250millionpoundsinbankdepositsbGreatBritainmakesagiftof$500milliontotheIraqigovernmenttoaidinreconstruction.cTheUnitedStatesborrows200millionpoundsonashort-termbasisfromtheBritishgovernmenttobuy200millionpoundsintextilesfromGreatBritain.C:merchandiseexports——currentaccountsurplusA:merchandiseimports——currentaccountdeficitB:unilateraltransfer——currentaccountdeficit3、Youareprovidedwiththefollowinginformationaboutacountry’sinternationaltransactionsduringagivenyear:Serviceexports$346Serviceimports$354Merchandiseexports$480Merchandiseimports$348Incomeflows,net$153Unilateraltransfers,net$142Increaseinthecountry’sholdingofforeignassets,net(excludingofficialreservesassets)$352Increaseinforeignholdingsofthecountry’sassets,net(excludingofficialreserveassets)$252Statisticaldiscrepancy,net$154a.Calculatetheofficialsettlementsbalanceandthecurrentaccountbalance.b.Isthecountryincreasingordecreasingitsnetholdingsofofficialreserveassets?Why?A:Currentaccountbalance=netcredits–netdebitson(theflowofgoods,services,incomeandunilateraltransfer)=(346—354)+(480—348)+153—142=135Financialaccountbalance=foreignholdingsofthecountry’sassets–thecountry’sholding1offoreignassets=—352+252=—100So,officialsettlementbalance(B)=CAbalance+financialaccountbalance=135—100=35B:Currentaccountbalance=132—8+153—142=135B=CA+FA=135+(—100)=35B+OR+Stat