Imports of goods and services: $2,000 billion; interest paid to the rest of the world: $500 billion;
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Imports of goods and services: $2,000 billion; interest paid to the rest of the world: $500 billion; interest received from the rest of the world: $400 billion; decrease in U.S. official reserves: $10 billion; government sector balance: $200 billion; saving: $1,800 billion; investment: $2,000 billion; net transfers: zero.
1. Calculate the current account balance, the capital and financial account balance, the official settlements account balance, and exports of goods and services.
2. Is the United States a debtor or a creditor nation?
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