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西红柿面 · 2023年09月25日

关于资本账户

NO.PZ2016010801000119

问题如下:

In order to reduce trade deficit in a country, a feasible way is

选项:

A.

Increasing its capital account surplus.

B.

Decreasing expenditures relative to income.

C.

Decreasing domestic saving relative to domestic investment.

解释:

B is correct.

In a country, decreasing a capital account surplus will improve a country trade deficit, which means domestic savings increase relative to domestic investment. Domestic savings increase means decreasing expenditures relative to income. A large capital account surplus (an increase in net foreign borrowing) and a greater trade deficit is consistent with decreasing domestic saving relative to domestic investment.

考点:The Trade Balance

解释:在一个国家,减少资本账户盈余将改善该国的贸易赤字,这意味着国内储蓄相对于国内投资有所增加。所以A错误,B正确。

而国内储蓄的增加意味着支出相对于收入的减少。所以C错误。

巨额资本账户盈余(净外国借款的增加)和更大的贸易逆差,与国内储蓄相对于国内投资的减少是一致的。

看助教老师之前的答疑说“X-M是经常账户,M-X是资本账户”。那资本账户跟国内储蓄和国内投资有什么关系呢?我理解的是,既然M-X是资本账户,那么M-X如果大于零的话,就相当于花的钱多于收到的钱,所以投资大于储蓄。是这样理解的吗?

1 个答案
已采纳答案

笛子_品职助教 · 2023年09月27日

嗨,爱思考的PZer你好:


看助教老师之前的答疑说“X-M是经常账户,M-X是资本账户”。那资本账户跟国内储蓄和国内投资有什么关系呢?


关系可以用公式来证明。推导过程如下:

GDP = C + I + G + X -M

GDP = C + S + T


联合上面两个公式得出:

X -M = S -I + T -G


以上是贸易账户的公式,资本账户可以取上式的相反数。

M -X = I -S + G -T


我理解的是,既然M-X是资本账户,那么M-X如果大于零的话,就相当于花的钱多于收到的钱,所以投资大于储蓄。是这样理解的吗?

同学可以这么理解。

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