国际金融(双语)复习大纲.docVIP

（一）论述、简答、计算题： 1、What is the current account balance of France when the French budget surplus is 348 million Euros, private saving is 256 million Euros, domestic capital formation is 134 million Euros? 解答： National saving = private saving + government saving = 256+348=604 million Current account balance = national saving – domestic real investment = 604-134=470 million 附：Current account balance(CA)=net foreign investment(If) National saving(S)=domestic real investment(Id)+net foreign investment(If) If=CA=S-Id , CA=Y(domestic production of goods and services)-E(total expenditures on goods and services) 2、Which of the following transactions could contribute to a British current account surplus? Explain why a French firm sells defense equipment to the British government for 250 million pounds in bank deposits b Great Britain makes a gift of $500 million to the Iraqi government to aid in reconstruction. c The United States borrows 200 million pounds on a short-term basis from the British government to buy 200 million pounds in textiles from Great Britain. C：merchandise exports——current account surplus A：merchandise imports——current account deficit B：unilateral transfer——current account deficit 3、You are provided with the following information about a country’s international transactions during a given year: Service exports $346 Service imports $354 Merchandise exports $480 Merchandise imports $348 Income flows, net $153 Unilateral transfers, net $142 Increase in the country’s holding of foreign assets, net (excluding official reserves assets) $352 Increase in foreign holdings of the country’s assets, net (excluding official reserve assets) $252 Statistical discrepancy, net $154 Calculate the official settlements balance and the current account balance. Is the country increasing or decreasing its net holdings of official reserve assets? Why? A: Current account balance=net credits – net debits on(the flow of goods ,se