The Table Has Some of the U

$$\begin{array} { l c } \text { Variables } & \text { (billions of dollars) } \\\hline \text { Imports of goods and services } & 1,400 \\\text { Exports of goods and services } & 1,600 \\\text { Net interest } & 0 \\\text { Net transfers } & 0 \\\text { Foreign investment in the United } & \\\text { States } & 480 \\\text { U.S. investment abroad } & 700 \\\hline\end{array}$$
The table has some of the U.S.balance of payments account.
-The current account balance is equal to ________.

A) +$200 billion
B) -$200 billion
C) +$220 billion
D) -$220 billion
E) +$20 billion

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free