how did they get -10bn? (1 Viewer)

[elliott07]

hmmmm

 

[earlgreyteawithmilkfoam]

CA balance = (exports - imports) + net services + net primary income + net secondary income

KAFA balance = capital account + financial account

CA + KAFA = 0

KAFA balance = -60 (10-70), so we know CA balance has to equal +60

60 = (20 - 10) + 30 + 30 + NSY
60 = 70 + NSY

NSY = -10

 

[Chiprr]

I just approach these calculations incredibly crudely: [what you're trying to find] = -(everything else), but making sure to take net exports

NSY = -((20-10) + 30 + 30 + 10 - 70)
NSY = -(80-70)
NSY = -10

 

[elliott07]

thank u guys!! makes sense now.