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Table 171 U -Referring to Table 17

Question 18

Multiple Choice

Table 17.1 U.S. International Transactions

TransactionAmount(billions of dollars)  Merchandise imports 110 Services, net 15 Unilateral transfers, net −20 U.S. private assets abroad −50 Merchandise exports 115 Investment income, net 10 Foreign private assets in the U.S. 25\begin{array}{lr}\text {Transaction}&\text {Amount}\\&\text {(billions of}\\&\text { dollars) }\\\text { Merchandise imports } & 110 \\\text { Services, net } & 15 \\\text { Unilateral transfers, net } & -20 \\\text { U.S. private assets abroad } & -50 \\\text { Merchandise exports } & 115 \\\text { Investment income, net } & 10 \\\text { Foreign private assets in the U.S. } & 25\end{array}

-Referring to Table 17.1, the merchandise trade balance shows a


A) deficit of $5 billion
B) deficit of $15 billion
C) surplus of $5 billion
D) surplus of $15 billion

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