Answered: uctions: If you are entering a negative…

uctions: If you are entering a negative number, be sure to include a negative (-) sign. nd Paraguay's balance of goods billion nd Paraguay's balance of services billion d Paraguay's balance of trade

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Paraguay exports $21 billion of goods and imports $25 billion of goods. It exports $15 billion of services and imports $13 billion of
services.
Instructions: If you are entering a negative number, be sure to include a negative (-) sign.
a) Find Paraguay's balance of goods
$
billion
b) Find Paraguay's balance of services
billion
c) Find Paraguay's balance of trade
billion
%24

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