The Table Above Gives Data on the U

$$\begin{array} { l r } \text { Variables } & \text { (billions of dollars) } \\\hline \text { Imports of goods and services } & 1,000 \\\text { Exports of goods and services } & 900 \\\text { Net interest } & - 100 \\\text { Net transfers } & 0 \\\text { Foreign investment in the United States } & 1,190 \\\text { U.S. investment abroad } & 1,000 \\\text { Decrease in U.S. official reserves } & 10\end{array}$$
The table above gives data on the U.S.balance of payments in 2015.
-The current account balance is

A) -$100 billion.
B) $100 billion.
C) -$200 billion.
D) $200 billion.
E) $1,900 billion.

Correct Answer:

Verified

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

Access For Free