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
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The current account for a fictitious country is shown in the table below. The balance on the capital and financial account for this
country 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 () in
front of those numbers.
CURRENT ACCOUNT (in billions of dollara)
(1) Goods exports
654
(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 transfers
21
(10) Balance on current account
b. The country has a current account (deficit
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