Respuesta :
Answer:
Hypothetical data for an open economy (in millions)
Value of International Investment Position (IIP) of the U.S.:
The value of the International Investment Position (IIP) of the U.S. is $23,357 million.
Explanation:
a) Calculation of the IIP:
Inside U.S. Outside U.S.
Assets owned outside the U.S. by U.S. citizens = $23,357
Assets owned inside the U.S. by foreign citizens = $22,786
The value of the International Investment Position (IIP) of the U.S. is $23,357 million
The NIIP (or net IIP) = $571 million ($23,357 million - $22,786 million).
b) The International Investment Position (IIP) is a statistical statement that shows at a point in time the value of financial assets of residents of an economy that are claims on nonresidents and the liabilities of residents of an economy to nonresidents.
c) A net international investment position (NIIP) can be viewed as a nation’s balance sheet with the rest of the world at a specific point in time, in that it measures the gap between a nation’s stock of foreign assets and foreigner's stock of that nation's assets.