The exhibit below presents the 1997 balance of payments statistics for France, Germany, Japan, the United Kingdom, and the United States. The various balance of payments items have been aggregated using the presentation outlined in Chapter 2.
EXHIBIT: 1997 Balance of Payments of Five Major Countries
Billions of U.S. Dollars
Source: Adapted from International Monetary Fund, International Financial Statistics, 1998
Yearbook.
a. Provide an analysis of the U.S. balance of payments.
b. Provide an analysis of the British balance of payments.
c. Provide an analysis of the French balance of payments.
d. Provide a brief analysis of the Japanese balance of payments.
e. Provide a brief analysis of the German balance of payments.

Question

The exhibit below presents the 1997 balance of payments statistics for France, Germany, Japan, the United Kingdom, and the United States. The various balance of payments items have been aggregated using the presentation outlined in Chapter 2.
EXHIBIT: 1997 Balance of Payments of Five Major Countries
Billions of U.S. Dollars
  Source: Adapted from International Monetary Fund, International Financial Statistics, 1998
Yearbook.
a. Provide an analysis of the U.S. balance of payments.
b. Provide an analysis of the British balance of payments.
c. Provide an analysis of the French balance of payments.
d. Provide a brief analysis of the Japanese balance of payments.
e. Provide a brief analysis of the German balance of payments.

Quizplus · Accepted Answer

The Answer of The exhibit below presents the 1997 balance of payments statistics for France, Germany, Japan, the United Kingdom, and the United States. The various balance of payments items have been aggregated using the presentation outlined in Chapter 2.
EXHIBIT: 1997 Balance of Payments of Five Major Countries
Billions of U.S. Dollars
  Source: Adapted from International Monetary Fund, International Financial Statistics, 1998
Yearbook.
a. Provide an analysis of the U.S. balance of payments.
b. Provide an analysis of the British balance of payments.
c. Provide an analysis of the French balance of payments.
d. Provide a brief analysis of the Japanese balance of payments.
e. Provide a brief analysis of the German balance of payments.

The Exhibit Below Presents the 1997 Balance of Payments Statistics