Homework # 3

Homework # 3
FIN 380 Multinational Finance

Name _________

I. Data Collection from bea.gov

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 2012, 2013, and 2014:

2012    2013    2014
Balance on goods
Balance on services
Balance on current account
Statistical Discrepancy

II. 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 (www.imf.org) for information.