Table 171 U -Referring to Table 17

Table 17.1 U.S. International Transactions

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

-Referring to Table 17.1, the current account shows a

A) surplus of $5 billion
B) surplus of $10 billion
C) deficit of $5 billion
D) deficit of $10 billion

Correct Answer:

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