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Refer to Table 4. What was this country's Balance on goods and services equal to in 2016? Table 4. Trade in goods Exports, bln USD 350 Imports, bln USD 600 1a. Merchandise trade balance Trade in services 260 120 1b. Balance on services 1. Balance on goods and services Investment Income 2. Balance on income Unilateral transfers 3. Balance on transfers 4. Current account balance A) $140 bin B) $110 bln C) -$140 bin 190 65

Refer to Table 4. What was this country's Balance on goods and services equal to in 2016? Table 4. Trade in goods Exports, bln USD 350 Imports, bln USD 600 1a. Merchandise trade balance Trade in services 260 120 1b. Balance on services 1. Balance on goods and services Investment Income 2. Balance on income Unilateral transfers 3. Balance on transfers 4. Current account balance A) $140 bin B) $110 bln C) -$140 bin 190 65

Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 43P: In 2001, the United Kingdoms economy exported goods worth 192 billion and services worth another 77...
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Refer to Table 4. What was this country's Balance on goods and services equal to in 2016? Table 4. Trade in goods Exports, bln USD 350 Imports, bln USD 600 1a. Merchandise trade balance Trade in services 260 120 1b. Balance on services 1. Balance on goods and services Investment Income 2. Balance on income Unilateral transfers 3. Balance on transfers 4. Current account balance A) $140 bin B) $110 bln C) -$140 bin 190 65
Transcribed Image Text:Refer to Table 4. What was this country's Balance on goods and services equal to in 2016? Table 4. Trade in goods Exports, bln USD 350 Imports, bln USD 600 1a. Merchandise trade balance Trade in services 260 120 1b. Balance on services 1. Balance on goods and services Investment Income 2. Balance on income Unilateral transfers 3. Balance on transfers 4. Current account balance A) $140 bin B) $110 bln C) -$140 bin 190 65
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