MY-ASSIGNMENTEXPERT™可以为您提供lse.ac.uk EC315 International Economics国际经济学课程的代写代考和辅导服务！
这是伦敦政经学校国际经济学课程的代写成功案例。
EC315课程简介
Availability
This course is available on the BSc in Econometrics and Mathematical Economics, BSc in Economics, BSc in Economics and Economic History, BSc in Economics with Economic History, BSc in Environmental Policy with Economics, BSc in International Social and Public Policy and Economics, BSc in Philosophy and Economics, BSc in Philosophy, Politics and Economics, BSc in Politics and Economics and BSc in Social Policy and Economics. This course is available as an outside option to students on other programmes where regulations permit and to General Course students.
Prerequisites
International Macroeconomics: This section of the course offers an introduction to international macroeconomic theory and develops the main tools for macroeconomic policy analysis. We start by studying the balance of payments and the causes and consequences of global imbalances, followed by an in-depth study of the determination of exchange rates, money, and prices in open economies. We discuss the costs and benefits of different nominal exchange rate regimes and their sustainability, as well as examine the causes and consequences of debt and default, speculative attacks and financial crises.
EC315 International Economics HELP（EXAM HELP， ONLINE TUTOR）
a) The transaction is recorded as a debit entry in the services section of the German goods and services account, which is part of the current account. The German consumer’s bank transfers the amount to the Spanish hotel’s bank. This increases German liabilities vis-à-vis the rest of the world and is recorded in the other investment section of the German financial account. Note that, ceteris paribus, the transaction reduces the German current account balance and the German financial account balance by the same amount.
The given statement describes a cross-border transaction where a German consumer pays for services provided by a Spanish hotel. The transaction is recorded in both the current account and the financial account of the German balance of payments.
Specifically, the payment made by the German consumer represents an import of services, which is recorded as a debit entry in the services section of the current account. This debit entry reflects a decrease in the German current account balance, as the country is spending more on foreign services than it is receiving from its exports of services.
At the same time, the payment made by the German consumer increases the German liabilities towards the rest of the world. This increase in liabilities is recorded in the other investment section of the financial account, which captures transactions involving cross-border lending, borrowing, and investment. This entry reflects a decrease in the German financial account balance, as the country is increasing its external indebtedness.
It is important to note that, ceteris paribus, the decrease in the German current account balance and the decrease in the German financial account balance are equal in magnitude but opposite in sign. This is because every international transaction involves a corresponding entry in both the current account and the financial account of the balance of payments.
b) The transaction is recorded as a credit entry in the goods section of the German goods and services account, which is part of the current account. It also increases German assets vis-à-vis the rest of the world and is recorded in the other investment section of the German financial account. Note that, ceteris paribus, the transaction raises the German current account balance and the German financial account balance by the same amount. When the payment takes place six months later, this reduces one type of assets – here: trade credit – and increases another one (e.g. currency and deposits), without affecting the size of the financial account.
The given statement describes a cross-border transaction where a German exporter sells goods to a foreign buyer, and the payment is delayed for six months. The transaction is recorded in both the current account and the financial account of the German balance of payments.
Specifically, the sale of goods represents an export of goods, which is recorded as a credit entry in the goods section of the current account. This credit entry reflects an increase in the German current account balance, as the country is earning more from its exports of goods than it is spending on its imports of goods.
At the same time, the delayed payment by the foreign buyer creates a trade credit for the German exporter, which represents an increase in German assets vis-à-vis the rest of the world. This increase in assets is recorded in the other investment section of the financial account, which captures transactions involving cross-border lending, borrowing, and investment. This entry reflects an increase in the German financial account balance, as the country is increasing its external assets.
It is important to note that, ceteris paribus, the increase in the German current account balance and the increase in the German financial account balance are equal in magnitude but opposite in sign. This is because every international transaction involves a corresponding entry in both the current account and the financial account of the balance of payments.
When the payment is made six months later, the trade credit is reduced, and another type of asset (such as currency and deposits) is increased. This transaction is recorded in the financial account but does not affect the overall size of the financial account. Specifically, the reduction in the trade credit is recorded as a decrease in the other investment section of the financial account, and the increase in the currency and deposits is recorded as an increase in the reserve assets section of the financial account.
MY-ASSIGNMENTEXPERT™可以为您提供LSE.AC.UK EC315 INTERNATIONAL ECONOMICS国际经济学课程的代写代考和辅导服务！