The Table contains data for the U.S. balance of payments in prior year.All figures are in billions of dollars The data indicate that AmericansA. purchased more assets abroad than foreigners bought in the U.S.B. purchased more services abroad than foreigners purchased from the U.S.C. purchased fewer assets abroad than foreginers bought in the U.S.D. have a trade surplus in goods and services Note:-Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.Answer completely.You will get up vote for sure. US Goods ExportsUS Goods ImportsUs Service ExportsUS Service ImportsNet Investment IncomeNet transfersForeign Purchases of Assets in the United StatesMultiple Choicepurchased more assets abroad than foreigners bought in the USpurchased more services abroad than foreigners purchased from the USUs Purchases of Foreign Assets AbroadBalance on Capital AccountThe table contains data for the U.S. balance of payments in a prior year. All figures are in billions of dollars. The data indicate that Americanspurchased fewer assets abroad than foreigners bought in the US+$793-1,573heve strade surplus in goods and services+280-222+5-81+51,193-395< PrevF7 of 20Next >

The balance of payments (BOP) of a country is a record of every financial transaction that occurred…

Answered: US Goods Exports US Goods Imports Us…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The Table contains data for the U.S. balance of payments in prior year.All figures are in billions of dollars The data indicate that Americans

A. purchased more assets abroad than foreigners bought in the U.S.

B. purchased more services abroad than foreigners purchased from the U.S.

C. purchased fewer assets abroad than foreginers bought in the U.S.

D. have a trade surplus in goods and services

Note:-

Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism.
Answer completely.
You will get up vote for sure.

US Goods Exports
US Goods Imports
Us Service Exports
US Service Imports
Net Investment Income
Net transfers
Foreign Purchases of Assets in the United States
Multiple Choice
purchased more assets abroad than foreigners bought in the US
purchased more services abroad than foreigners purchased from the US
Us Purchases of Foreign Assets Abroad
Balance on Capital Account
The table contains data for the U.S. balance of payments in a prior year. All figures are in billions of dollars. The data indicate that Americans
purchased fewer assets abroad than foreigners bought in the US
+$793
-1,573
heve strade surplus in goods and services
+280
-222
+5
-81
+5
1,193
-395
< Prev
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7 of 20
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