Multinational Finance Homework
Part A - Data collection from Bureau of Economic Analysis website
(1) Visit the web site of the Bureau of Economic Analysis (www.bea.gov). Click "Balance of Payments", then click "International Transactions, Expanded Detail (1999-present)" to download BOP data for the U.S. Save the Excel file for your own reference. In this exercise, please find the information for the following items for 2014, 2015, and 2016:
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2014
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2015
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2016
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Balance on goods
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Balance on services
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Balance on current account
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Statistical Discrepancy
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(2) Explain Statistical Discrepancy and its causes.
Part B - Special Drawing Rights (SDRs)
Write a one-page essay about the history and role of the Special Drawing Rights (SDRs). You can visit the web site of the International Monetary Fund for information about SDRs.