Current Account (1) Goods Exports +$80 (2) Goods Imports −70 (3) Exports of Services +20 (4) Imports of Services −25 (5) Net Investment Income +5 (6) Net Transfers −5 Financial Account (7) Foreign Purchases of Assets in the United States +13 (8) US Purchases of Foreign Assets Abroad -23 Capital Account (9) Balance on Capital Account +5 The table contains balance of payments data (+ and −) for the hypothetical nation of Zabella. All figures are in billions of dollars. Zabella has a balance of trade (goods) Multiple Choice deficit of $10 billion. surplus of $5 billion. surplus of $10 billion. deficit of $5 billion.
Current Account (1) Goods Exports +$80 (2) Goods Imports −70 (3) Exports of Services +20 (4) Imports of Services −25 (5) Net Investment Income +5 (6) Net Transfers −5 Financial Account (7) Foreign Purchases of Assets in the United States +13 (8) US Purchases of Foreign Assets Abroad -23 Capital Account (9) Balance on Capital Account +5 The table contains balance of payments data (+ and −) for the hypothetical nation of Zabella. All figures are in billions of dollars. Zabella has a balance of trade (goods) Multiple Choice deficit of $10 billion. surplus of $5 billion. surplus of $10 billion. deficit of $5 billion.
Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter15: International Trade And Finance
Section: Chapter Questions
Problem 11SQ
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Current Account | |
(1) Goods Exports | +$80 |
(2) Goods Imports | −70 |
(3) Exports of Services | +20 |
(4) Imports of Services | −25 |
(5) Net Investment Income | +5 |
(6) Net Transfers | −5 |
Financial Account | |
(7) Foreign Purchases of Assets in the United States | +13 |
(8) US Purchases of Foreign Assets Abroad | -23 |
Capital Account | |
(9) Balance on Capital Account | +5 |
The table contains balance of payments data (+ and −) for the hypothetical nation of Zabella. All figures are in billions of dollars. Zabella has a
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