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Complete the following table by selecting the correct value for each missing entry. Balance of Payments (Billions of dollars) Current Accounts U.S. merchandise exports +55 U.S. merchandise imports -77 Merchandise trade balance U.S. service exports +70 U.S. service imports Services balance Goods and services balance Net investment income from abroad Net unilateral transfers Current account balance Financial Accounts Change in U.S.-owned assets abroad -40 Change in foreign-owner assets in the U.S. +42 Financial account balance Statistical discrepancy Trade balance +35 +13 -5 0

Complete the following table by selecting the correct value for each missing entry. Balance of Payments (Billions of dollars) Current Accounts U.S. merchandise exports +55 U.S. merchandise imports -77 Merchandise trade balance U.S. service exports +70 U.S. service imports Services balance Goods and services balance Net investment income from abroad Net unilateral transfers Current account balance Financial Accounts Change in U.S.-owned assets abroad -40 Change in foreign-owner assets in the U.S. +42 Financial account balance Statistical discrepancy Trade balance +35 +13 -5 0

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 23RQ: What is included in the current account balance?
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Complete the following table by selecting the correct value for each missing entry. Balance of Payments (Billions of dollars) Current Accounts U.S. merchandise exports +55 U.S. merchandise imports -77 Merchandise trade balance U.S. service exports +70 U.S. service imports Services balance Goods and services balance Net investment income from abroad Net unilateral transfers Current account balance Financial Accounts Change in U.S.-owned assets abroad -40 Change in foreign-owner assets in the U.S. +42 Financial account balance Statistical discrepancy Trade balance +35 +13 -5 0
Transcribed Image Text:Complete the following table by selecting the correct value for each missing entry. Balance of Payments (Billions of dollars) Current Accounts U.S. merchandise exports +55 U.S. merchandise imports -77 Merchandise trade balance U.S. service exports +70 U.S. service imports Services balance Goods and services balance Net investment income from abroad Net unilateral transfers Current account balance Financial Accounts Change in U.S.-owned assets abroad -40 Change in foreign-owner assets in the U.S. +42 Financial account balance Statistical discrepancy Trade balance +35 +13 -5 0
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