Given the following information: Unilateral transfers: $120 billion, Exports in goods: $1,000 billion, Exports in services: $500 billion, Imports in goods: $1,400 billion, Imports in services: $300 billion, Income received by U.S. investors on foreign stocks and bonds: $600 billion, Income received by foreign investors on U.S. assets: $500 billion, what is the current account balance?
Given the following information: Unilateral transfers: $120 billion, Exports in goods: $1,000 billion, Exports in services: $500 billion, Imports in goods: $1,400 billion, Imports in services: $300 billion, Income received by U.S. investors on foreign stocks and bonds: $600 billion, Income received by foreign investors on U.S. assets: $500 billion, what is the current account balance?
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 12SQ
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Given the following information: Unilateral transfers: $120 billion, Exports in goods: $1,000 billion, Exports in services: $500 billion, Imports in goods: $1,400 billion, Imports in services: $300 billion, Income received by U.S. investors on foreign stocks and bonds: $600 billion, Income received by foreign investors on U.S. assets: $500 billion, what is the current account balance?
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