The current account for a fictitious country is shown in the table below. The balance on the capital and financial account for thiscountry is $12 billion.a. Fill in the missing values in the table.Instructions: Enter your answers as whole numbers. If you are entering any negative numbers be sure to include a negative sign () infront of those numbers.CURRENT ACCOUNT (in billions of dollara)(1) Goods exports654(2) Goods imports(3) Balance on goods-11(4) Exports of services(5) Imports of services-188(6) Balance on services(7) Balance on goods and services(8) Net investment income(9) Net transfers21(10) Balance on current accountb. The country has a current account (deficit

A Current Account is a bank deposit that can be withdrawn by the depositor at any time. The…

ountry is $12 bilion. Fl in the missing values in the table. nstructions: Enter your answers as whoie numbers. If you are entering any negative numbers be sure to include a negative sign () ont of those numbers. CURRENT ACCOUNT (in billions of dollars) (1) Goods exports (2) Goods imports (3) Balance on goods -11 (4) Exports of services (5) imports of services -188 (6) Balance on services (7 Balance on goods and services (5) Net imvestment income (9) Net transfers 21 (10) Balance on current account

ountry is $12 bilion. Fl in the missing values in the table. nstructions: Enter your answers as whoie numbers. If you are entering any negative numbers be sure to include a negative sign () ont of those numbers. CURRENT ACCOUNT (in billions of dollars) (1) Goods exports (2) Goods imports (3) Balance on goods -11 (4) Exports of services (5) imports of services -188 (6) Balance on services (7 Balance on goods and services (5) Net imvestment income (9) Net transfers 21 (10) Balance on current account

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please solve and show steps. I do not understand how 10 Billiong, -12billion is the answer.
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