14. Use Table 41-2. The country's balance of payments on the currentaccount is: *Exports of goods and servicesImports of goods and servicesIncome receipts from abroadIncome receipts to foreignersTransfers$1425 billion$1800 billion$420 billion$400 billionsoTable 41-2: Balance of Payment$355 billion.-$395 billion.$375 billion.-$355 billion.O -$400 billion.

Balance of payment on current account is the sum of balance of trade (i.e., exports minus imports),…

14. Use Table 41-2. The country's balance of payments on the current account is: * Exports of goods and services Imports of goods and services Income receipts from abroad Income receipts to foreigners $1425 billion $1800 billion $420 billion $400 billion Transfers Table 41-2: Balance of Payment

14. Use Table 41-2. The country's balance of payments on the current account is: * Exports of goods and services Imports of goods and services Income receipts from abroad Income receipts to foreigners $1425 billion $1800 billion $420 billion $400 billion Transfers Table 41-2: Balance of Payment

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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