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theroyalty theroyalty
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A year ago
The Balance of Payments


Exports of Goods and Services $7​
Imports of Goods and Services14​
Net Income on Investments3​
Net Transfers-2​
Increase in Foreign Holdings of Assets in the United States3​
Increase in U.S. Holdings of Assets in Foreign Countries2​
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
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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sherry94sherry94
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A year ago
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