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Other Fields Homework Help Economics Topic started by: theroyalty on Nov 10, 2022

Title: The Balance of PaymentsExports of Goods and Services $7Imports of Goods and Services14Net Income on ...
Post by: theroyalty on Nov 10, 2022

The Balance of Payments

Exports of Goods and Services	$7
Imports of Goods and Services	14
Net Income on Investments	3
Net Transfers	-2
Increase in Foreign Holdings of Assets in the United States	3
Increase in U.S. Holdings of Assets in Foreign Countries	2

All data in the table are in billions of U.S. dollars

Based on the data in the table, what is the balance on the financial account?

▸ -$5 billion

▸ $5 billion

▸ -$6 billion

▸ $1 billion

Title: The Balance of PaymentsExports of Goods and Services $7Imports of Goods and Services14Net Income on ...
Post by: sherry94 on Nov 10, 2022

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