1. Current Account:
Trade Balance:
Goods:
Exports: $1105.2 million
Imports: $2467.3 million
Net Balance for Goods: $1105.2 million - $2467.3 million = -$1362.1 million
Services:
Exports: $454.3 million
Imports: $445.78 million
Net Balance for Services: $454.3 million - $445.78 million = $8.52 million
Primary Income:
Inflow: $890.5 million
Outflow: $515.55 million
Net Primary Income: $890.5 million - $515.55 million = $374.95 million
Secondary Income:
Inflow: $130.5 million
Outflow: $445.2 million
Net Secondary Income: $130.5 million - $445.2 million = -$314.7 million
Net Current Account Balance:
- $1362.1 million + $8.52 million + $374.95 million - $314.7 million = -$1293.33 million
2. Financial Account:
Foreign Direct Investment (FDI):
Inflow: $155.4 million
Outflow: $78.2 million
Net FDI: $155.4 million - $78.2 million = $77.2 million
Equities:
Inflow: $350.5 million
Outflow: $229.5 million
Net Equities: $350.5 million - $229.5 million = $121 million
Debt:
Inflow: $175.2 million
Outflow: $85.2 million
Net Debt: $175.2 million - $85.2 million = $90 million
Net Financial Account Balance:
$77.2 million + $121 million + $90 million = $288.2 million
3. Official Reserves Account:
Statistical Discrepancies:
$20.4 million (this typically balances the overall BOP, so we can assume it's an inflow or outflow as needed to balance the overall account 这么算是否正确呢

Question

1. Current Account:
Trade Balance:
Goods:
Exports: $1105.2 million
Imports: $2467.3 million
Net Balance for Goods: $1105.2 million - $2467.3 million = -$1362.1 million
Services:
Exports: $454.3 million
Imports: $445.78 million
Net Balance for Services: $454.3 million - $445.78 million = $8.52 million
Primary Income:
Inflow: $890.5 million
Outflow: $515.55 million
Net Primary Income: $890.5 million - $515.55 million = $374.95 million
Secondary Income:
Inflow: $130.5 million
Outflow: $445.2 million
Net Secondary Income: $130.5 million - $445.2 million = -$314.7 million
Net Current Account Balance:
- $1362.1 million + $8.52 million + $374.95 million - $314.7 million = -$1293.33 million
2. Financial Account:
Foreign Direct Investment (FDI):
Inflow: $155.4 million
Outflow: $78.2 million
Net FDI: $155.4 million - $78.2 million = $77.2 million
Equities:
Inflow: $350.5 million
Outflow: $229.5 million
Net Equities: $350.5 million - $229.5 million = $121 million
Debt:
Inflow: $175.2 million
Outflow: $85.2 million
Net Debt: $175.2 million - $85.2 million = $90 million
Net Financial Account Balance:
$77.2 million + $121 million + $90 million = $288.2 million
3. Official Reserves Account:
Statistical Discrepancies:
$20.4 million (this typically balances the overall BOP, so we can assume it's an inflow or outflow as needed to balance the overall account 这么算是否正确呢

Accepted Answer

Let's break down your calculations step by step to ensure everything is correct. 1. **Current Account:** - **Trade Balance:** - **Goods:** - Exports: $1105.2 million - Imports: $2467.3 million - Net Balance for Goods: $1105.2 million - $2467.3 million = **-$1362.1 million** - **Services:** - Exports: $454.3 million - Imports: $445.78 million - Net Balance for Services: $454.3 million - $445.78 million = **$8.52 million** - **Primary Income:** - Inflow: $890.5 million - Outflow: $515.55 million - Net Primary Income: $890.5 million - $515.55 million = **$374.95 million** - **Secondary Income:** - Inflow: $130.5 million - Outflow: $445.2 million - Net Secondary Income: $130.5 million - $445.2 million = **-$314.7 million** - **Net Current Account Balance:** - Combining all components: - **-$1362.1 million + $8.52 million + $374.95 million - $314.7 million = -$1293.33 million** Your current account calculation looks correct! 2. **Financial Account:** - **Foreign Direct Investment (FDI):** - Inflow: $155.4 million - Outflow: $78.2 million - Net FDI: $155.4 million - $78.2 million = **$77.2 million** - **Equities:** - Inflow: $350.5 million - Outflow: $229.5 million - Net Equities: $350.5 million - $229.5 million = **$121 million** - **Debt:** - Inflow: $175.2 million - Outflow: $85.2 million - Net Debt: $175.2 million - $85.2 million = **$90 million** - **Net Financial Account Balance:** - **$77.2 million + $121 million + $90 million = $288.2 million** This part also seems accurate! 3. **Official Reserves Account:** - You mentioned statistical discrepancies of $20.4 million. This typically helps balance the overall BOP, and you can treat it as an inflow or outflow as needed. Overall, your calculations for the current account, financial account, and the consideration of official reserves look solid. If you have any specific areas you want to discuss further or clarify, feel free to ask!

Sia