A country has merchandise exports of $5 billion, merchandise imports of $3 billion, exports of servi

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A country has merchandise exports of $5 billion, merchandise imports of $3 billion, exports of servi

A country has merchandise exports of $5 billion, merchandise imports of $3 billion, exports of services of $2 billion, and imports of services of $3 billion. Calculate the trade deficit and the balance of the current account for the country. Show your work.

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stars_and_moon Author

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7 years ago

I compared your answer with a buddy, and it matches

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kingby

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7 years ago

I instantly knew the answer when I read the question, happy to help

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