(Use Table 1) What is the services trade balance? Table 1 Imports in services: Exports in goods: Income received by foreign investors on U.S. assets: Unilateral transfers: Exports in services: Income received by U.S. investors on foreign assets: Imports in goods: $761 $2,050 $692 $225 $1,101 $945 $3,042
(Use Table 1) What is the services trade balance? Table 1 Imports in services: Exports in goods: Income received by foreign investors on U.S. assets: Unilateral transfers: Exports in services: Income received by U.S. investors on foreign assets: Imports in goods: $761 $2,050 $692 $225 $1,101 $945 $3,042
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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7
![(Use Table 1) What is the services trade balance?
Table 1
Imports in services:
Exports in goods:
Income received by foreign investors on U.S. assets:
Unilateral transfers:
Exports in services:
Income received by U.S. investors on foreign assets:
Imports in goods:
$761
$2,050
$692
$225
$1,101
$945
$3,042](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb75eaa8f-bc5c-4854-9aa5-04151f1a79e9%2F835bf7d8-8835-469e-af79-df776a7635a4%2F3f8qe_processed.jpeg&w=3840&q=75)
Transcribed Image Text:(Use Table 1) What is the services trade balance?
Table 1
Imports in services:
Exports in goods:
Income received by foreign investors on U.S. assets:
Unilateral transfers:
Exports in services:
Income received by U.S. investors on foreign assets:
Imports in goods:
$761
$2,050
$692
$225
$1,101
$945
$3,042
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