(Solved) A country has the following items in its balance of payments: millionsExports of goods120Imports of ...

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A country has the following items in its balance of payments: millionsExports of goods120Imports of ...

A country has the following items in its balance of payments:

	£ millions
Exports of goods	120
Imports of services	60
Income flows and current transfers from abroad	80
Imports of goods	150
Exports of services	50
Income flows and current transfers going abroad	30

Its balance on trade in goods and services is a

▸ deficit of £30m.

▸ deficit of £10m.

▸ deficit of £40m.

▸ surplus of £10.

▸ deficit of £20m.

Textbook

Essential Economics for Business

Edition: 5^th

Authors: Sloman, Jones

Read 45 times

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bli14

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3 years ago

More solutions for this book are available here

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Dymondmonae

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3 years ago

A country has the following items in its balance of payments:

	£ millions
Exports of goods	120
Imports of services	60
Income flows and current transfers from abroad	80
Imports of goods	150
Exports of services	50
Income flows and current transfers going abroad	30

Its balance of payments on current account is a

▸ deficit of £30m.

▸ deficit of £20m.

▸ deficit of £40m.

▸ surplus of £10m.

▸ deficit of £10m.

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kiyomika

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3 years ago

surplus of £10m.

1 Vote

amyc22

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SPP24

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3 years ago

A country has the following items in its balance of payments:

	£ millions
Exports of goods	120
Imports of services	60
Income flows and current transfers from abroad	10
Imports of goods	150
Exports of services	80
Income flows and current transfers going abroad	30

Its balance of payments on current account is a deficit of £30m.

▸ true

▸ false

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Curtis x.

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3 years ago

true

1 Vote

Dasjlsfaf

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billyhilly

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3 years ago

A country has the following items in its balance of payments:

	£ millions
Exports of goods	150
Imports of services	70
Income flows and current transfers from abroad	40
Imports of goods	140
Exports of services	80
Income flows and current transfers going abroad	20

Its balance of payments on current account is a balance (i.e. £0).

▸ true

▸ false

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cuddahy99

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3 years ago

false

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