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\begin{center}
\textbf{Postgrado en Econom\'{\i}a}

\textbf{Pol\'{\i}tica Monetaria y Cambiaria}

\bigskip

Profesor Jos\'{e} U. Mora M.

\bigskip

{\large Problema 1}

\bigskip 
\end{center}

Con la informaci\'{o}n que se suministra abajo, referente a la balanza de
pagos de Bolivar\'{e}n (un pa\'{\i}s), se pide calcular los siguientes
balances o saldos:

\begin{description}
\item[a] Balanza comercial, exportaciones netas y el saldo en cuenta
corriente

\item[b] El saldo de la cuenta de capital y el saldo de la balanza de pagos.
\end{description}

\bigskip 

{\large Informaci\'{o}n:}

Exportaciones de bienes 95.138

Inversi\'{o}n directa en el extranjero -1.273

Inversi\'{o}n directa en el pa\'{\i}s 349

Importaciones de bienes 49.482

Inversi\'{o}n de cartera (activos) 2.747 

Inversi\'{o}n de cartera (pasivos) 431

Balanza de Servicios -8.354

Otras inversiones -27.162

Balanza en rentas de los factores 698

Transferencias unilaterales -608

Errores y omisiones -3.209


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