Using the information in the following table on Mexico’s 1996 international transactions to answer the questions (amounts are in U.S. dollar values in millions): Merchandise Imports $89,469 Merchandise Exports $96,000 Services Exports $10,901 Services Imports $10,819 Investment Income receipts $17,099 Unilateral Transfers $ 4,531 Given the information above, what is the balance of trade? What is the current account? Did Mexico become a larger international debtor during 1996?
Using the information in the following table on Mexico’s 1996 international transactions to answer the questions (amounts are in U.S. dollar values in millions):
Merchandise Imports $89,469
Merchandise Exports $96,000
Services Exports $10,901
Services Imports $10,819
Investment Income receipts $17,099
Unilateral Transfers $ 4,531
Given the information above, what is the
What is the current account?
Did Mexico become a larger international debtor during 1996?
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
