(1) Goods Exports +$200 (2) Balance on Capital Account 0 (3) Net Transfers 0 (4) Imports of Services −100 (5) Net Investment Income 0 (6) US Purchases of Assets Abroad −50 (7) Goods Imports −250 (8) Foreign Purchases of Assets in the US +150 (9) Exports of Services +50 The plus items in the table are "export-type" entries and the minus items are "import-type" entries in the balance of payments for the hypothetical country of Zippo. Zippo has a Multiple Choice current account surplus. financial account deficit. financial account surplus. surplus on goods and services.
(1) Goods Exports +$200 (2) Balance on Capital Account 0 (3) Net Transfers 0 (4) Imports of Services −100 (5) Net Investment Income 0 (6) US Purchases of Assets Abroad −50 (7) Goods Imports −250 (8) Foreign Purchases of Assets in the US +150 (9) Exports of Services +50 The plus items in the table are "export-type" entries and the minus items are "import-type" entries in the balance of payments for the hypothetical country of Zippo. Zippo has a Multiple Choice current account surplus. financial account deficit. financial account surplus. surplus on goods and services.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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(1) Goods Exports | +$200 |
(2) Balance on Capital Account | 0 |
(3) Net Transfers | 0 |
(4) Imports of Services | −100 |
(5) Net Investment Income | 0 |
(6) US Purchases of Assets Abroad | −50 |
(7) Goods Imports | −250 |
(8) Foreign Purchases of Assets in the US | +150 |
(9) Exports of Services | +50 |
The plus items in the table are "export-type" entries and the minus items are "import-type" entries in the balance of payments for the hypothetical country of Zippo. Zippo has a
Multiple Choice
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