The Japanese balance of payments from 1994 to 1997 is as follows. All numbers are reported in billions of U.S. dollars. The last line gives the real effective exchange rate index of the yen relative
to other currencies. An increase in the index means a real appreciation of the yen.
a. Calculate the trade balance, current account, capital and financial account, and official reserve account for each year.
b. Use these numbers to describe what has happened in terms of Japanese financial transactions with the rest of the world.

Question

The Japanese balance of payments from 1994 to 1997 is as follows. All numbers are reported in billions of U.S. dollars. The last line gives the real effective exchange rate index of the yen relative
to other currencies. An increase in the index means a real appreciation of the yen.
  a. Calculate the trade balance, current account, capital and financial account, and official reserve account for each year.
b. Use these numbers to describe what has happened in terms of Japanese financial transactions with the rest of the world.

Quizplus · Accepted Answer

The Answer of The Japanese balance of payments from 1994 to 1997 is as follows. All numbers are reported in billions of U.S. dollars. The last line gives the real effective exchange rate index of the yen relative
to other currencies. An increase in the index means a real appreciation of the yen.
  a. Calculate the trade balance, current account, capital and financial account, and official reserve account for each year.
b. Use these numbers to describe what has happened in terms of Japanese financial transactions with the rest of the world.

The Japanese Balance of Payments from 1994 to 1997 Is