-The Table Above Shows the Transactions Made During 2011 by

$$\begin{array} { | l | l | } \hline \text { Item } & \begin{array} { l } \text { Millions } \\\text { of } \\\text { crumbs }\end{array} \\\hline \text { Imports of goods and services } & 2,000 \\\hline \text { Exp orts of goods and services } & 3,000 \\\hline \begin{array} { l } \text { Borrowing from the rest of the } \\\text { world }\end{array} & 1,500 \\\hline \begin{array} { l } \text { Net investment income } p \text { aid to } \\\text { foreigners }\end{array} & 60 \\\hline \text { Net transfers paid to foreigners } & 60 \\\hline\end{array}$$
-The table above shows the transactions made during 2011 by the citizens of Biscuit, whose currency is the crumb. During 2011, the official reserves increased by 380 million crumbs. Calculate the current account balance.

A) -880 million crumbs
B) 1,000 million crumbs
C) -1,000 million crumbs
D) 880 million crumbs

Correct Answer:

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