The following table lists balance of payment current accounts for Country A. (LG 9-1) Current Accounts 1

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The following table lists balance of payment current accounts for Country A. (LG 9-1)

Current Accounts 1 Exports of goods, services, and income $168,953 2 Goods $92,543 3 Services 45,689 Current Accounts 4 Income receipts on U.S. assets abroad 30,721 5 Imports of goods, services, and income –160,357 6 Goods –93,528 7 Services –31,689 8 Income payments on foreign assets in the United States –35,140

a. What is Country A’s total current accounts?

b. What is Country A’s balance on goods?

c. What is Country A’s balance on services?

d. What is Country A’s balance on investment income?

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ISE Financial Markets And Institutions

ISBN: 9781265561437

8th International Edition

Authors: Anthony Saunders, Marcia Cornett, Otgo Erhemjamts

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