The tables contain the current account data for a small country. All values are in millions of dollars. Use the tables to answer the questions. Goods Services Exports (millions of dollars) 100 80 Income payments Transfers Inflows (millions of dollars) 50 5 What is the value of the balance of trade? balance of trade: $ Imports (millions of dollars) 90 95 current account balance: $ Outflows (millions of dollars) 60 15 What is the value of the current account balance? million million

The tables contain the current account data for a small country. All values are in millions of dollars. Use the tables to answer the questions. Goods Services Exports (millions of dollars) 100 80 Income payments Transfers Inflows (millions of dollars) 50 5 What is the value of the balance of trade? balance of trade: $ Imports (millions of dollars) 90 95 current account balance: $ Outflows (millions of dollars) 60 15 What is the value of the current account balance? million million

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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