Please use the following debit and credit entries for various BO accounts (in billions of $) to answer the next question: Account Capital Net Investment Income Service Merchandise Official Reserve Unilateral Transfers Credit 600 10 140 4,000 200 30 Debit 1,200 6 150 3,000 800 4

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Please use the following debit and credit entries for various BOP
accounts (in billions of $) to answer the next question:
Account
Capital
Net Investment Income
Service
Merchandise
Official Reserve
Unilateral Transfers
The Balance of Trade should be (in billions of $):
2160 surplus
986 deficit
964 deficit
990 surplus
Credit
600
10
140
4,000
200
30
960 deficit
Debit
1,200
6
150
3,000
800
4
Transcribed Image Text:Please use the following debit and credit entries for various BOP accounts (in billions of $) to answer the next question: Account Capital Net Investment Income Service Merchandise Official Reserve Unilateral Transfers The Balance of Trade should be (in billions of $): 2160 surplus 986 deficit 964 deficit 990 surplus Credit 600 10 140 4,000 200 30 960 deficit Debit 1,200 6 150 3,000 800 4
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