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Luxembourg: Balance of Payment Current Account Credits...

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Question

Accounting

Luxembourg: Balance of Payment

Current Account

Credits

Debits

Exports

292,648

Goods

16,046

Services

84,981

Income

191,621

Imports

-289,773

Goods

-18,223

Services

-64,288

Income

-207,262

Trade Balance

-2,177

Balance on current account

2,875

Financial Account

Direct Investment

279,792

-231,619

Portfolio Investment

256,484

-355,367

Other investment

59,698

x

Balance on financial account

-2,783

Statistical discrepancies

-41

Official Reserve Account

-51

What is the Debit side of Other Investment In Financial Account?

-11771

-59689

-8988

-6205

Answer & Explanation Solved by verified expert
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