The following balance-of-payments data are for the hypothetical nation of Zabella. All figures are in billions of dollars. Merchandise exports Merchandise inports Service exports Service imports Investment income -S80 -70 +20 -25 +5 Transfers Capital and financial inflows +13 Capital and financial outflows Changes in official reserves -23 +5 According to the data in the table, Zabella is experiencing a merchandise trade: deficit of $10 billion surplus of $5 billion surplus of $10 billion deficit of $5 billion deficit of $15 billion

The following balance-of-payments data are for the hypothetical nation of Zabella. All figures are in billions of dollars. Merchandise exports Merchandise inports Service exports Service imports Investment income -S80 -70 +20 -25 +5 Transfers Capital and financial inflows +13 Capital and financial outflows Changes in official reserves -23 +5 According to the data in the table, Zabella is experiencing a merchandise trade: deficit of $10 billion surplus of $5 billion surplus of $10 billion deficit of $5 billion deficit of $15 billion

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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