Exports of goods and services 1,872 Imports of goods and services 2,375 Net unilateral transfers -99 Net Investment Income 170 Capital Account -7 Net US acquisition of financial assets 958 Net US incurrence of liabilities 1,391 Net financial derivatives -14     Based on the table above, the balance on the financial account is Group of answer choices 454 447 -14 -447

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter29: Exchange Rates And International Capital Flows
Section: Chapter Questions
Problem 20RQ: How can an unexpected fall in exchange rates injure the financial health of a nations banks?
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Exports of goods and services 1,872
Imports of goods and services 2,375
Net unilateral transfers -99
Net Investment Income 170
Capital Account -7
Net US acquisition of financial assets 958
Net US incurrence of liabilities 1,391
Net financial derivatives -14

 

 

Based on the table above, the balance on the financial account is

Group of answer choices
454
447
-14
-447
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