国际收支平衡表编制实例

The current and capital accounts
Current account = + + + +(-) +(-) = Exports fob 265,000 Imports fob - 200,000 Trade balance = 65,000 Exports of non-financial services +22,000 Imports of non-financial services ---Investment income (credit) + 100,000 investment income (debit) ---Private unrequited transfers - 5,000 Official unrequited transfers ---Current account balance = + 182,000
Reserve transaction with a non-resident
Natwest bank in London pays USD 100,000 to buy GBP 62,500 from the Fed(the Federal reserve bank),the US central bank Change in reserves
•
• • • • • • • •
Capital account
Direct investment Portfolio inverstment Other long-term capital Other long-term capital Net errors and omissions Counterparts items Change in reserves Capital account balance
Capital account +(-) Direct investment - 50,000 +(-) Portfolio investment +(-) +(-) +(-) +(-) +(-) = - 50,000 Other long-term capital ---Other short-term capital - 132,000 Net errors and omissions ---Counterpart items ---Change in reserves + 50,000 Capital account balance = - 182,000
Mr Hassan’s father (Algeria resident) short-term liabilities 5,000
PrivatFra Baidu bibliotek unrequited transfers 5,000
This Complete the components of the current account.
• Transaction 2:A merchandise import U.S.A
USD 200,000 textiles
South Korean
USD 200,000 check
Imports fob
200,000
short-term liabilities
200,000
Trade balance = Exports fob - Imports fob = USD 265,000
Direct investment 50,000
Long-term claim 50,000
Unrequited transfers
Transaction 5:An unrequited transfer
Mohammed Hassan (U.S.A resident)
USD 5,000 transfer
国际收支平衡表编制实例
The trade balance
• Transaction 1:A merchandise export
USD 265,000 wine
U.S.A
USD 265,000 claim
Japan
Exports fob 265,000
short-term claims 265,000
50,000
Short-term claims
50,000
1.3 US Balance of payment after transaction
•
• • • • • • • • • •
Current account
Exports fob Import fob Trade balance Exports of non-financial services Imports of non-financial services Investment income(credit) Investment income(debit) Private unrequited transfers Official unrequited transfers Current account balance 265,000 -200,000 =65,000 +22,000 ---+100,000 -----5,000 ---182,000 -50,000 -50,000 ----132,000 -------+50,000 -182,000
100,000
Short-term liabilities
100,000
Reserve transaction with a resident
• A New York branch of citicorp sells CHF 75,000 to the Fed for USD 50,000 Change in reserves
Exports of non-financial services 22,000 Short-term claims 22,000
Investment income
• Transaction 4:Investment income: The export of a financial services
USD 50,000 dividend
Elepha, Inc. (Nigeria)
USD 100,000 profits USD 50,000 Non-distribute USD 50,000 Nigerian bonds
Phi, Inc. (U.S.A)
Investment income 100,000
- USD 200,000 = USD 65,000
Non-financial services
• Transaction 3: An export of non-financial services
Jean Pierre
Non-financial services USD 22,000
U.S.A