Exports S750 Imports S600 Net income from abroad -S225 Net unilateral transfers S30 Based on the data above, what is the current account and financial/capital account balance? The current account is in deficit, and the financial/capital account is in surplus. The current account and financial/capital account are both in deficit. The current account and financial/capital account are both in surplus. The current account is zero, and the financial/capital account is in surplus.

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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Exports
$750
Imports
$600
Net income from abroad -$225
Net unilateral transfers
$30
Based on the data above, what is the current account and financial/capital account balance?
The current account is in deficit, and the financial/capital account is in surplus.
The current account and financial/capital account are both in deficit.
The current account and financial/capital account are both in surplus.
The current account is zero, and the financial/capital account is in surplus.
Transcribed Image Text:Exports $750 Imports $600 Net income from abroad -$225 Net unilateral transfers $30 Based on the data above, what is the current account and financial/capital account balance? The current account is in deficit, and the financial/capital account is in surplus. The current account and financial/capital account are both in deficit. The current account and financial/capital account are both in surplus. The current account is zero, and the financial/capital account is in surplus.
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