2. Looking at credits and debits The following table shows the value of credits and debits in four balance-of-payments accounts in the fictional economy of Pagros. Debits Credits Balance-of-Payments Account (Billions of dollars) (Billions of dollars) Merchandise 80 60 Services 30 20 Income Receipts 35 40 Unilateral Transfers 25 20 Total 170 140 Based on the total values of Pagros's debits and credits there is Y money flowing out of Pagros to foreign countries than there is flowing into Pagros. This means that Pagr Merchandise Debits - Merchandise Credits Merch. and Service Credits - Merch. and Service Debits Sum of Debits - Sum of Credits Complete the following table 4 Sum of Credits - Sum of Debits able. Merchandise Credits - Merchandise Debits Size of Deficit or Deficit or Surplus Merch. and Service Debits - Merch. and Service Credits Term Surplus (Billions of dollars) Current Account Balance Balance of TradeAttempts Average / 2 2. Looking at credits and debits The following table shows the value of credits and debits in four balance-of-payments accounts in the fictional economy of Pagros. Debits Credits Balance-of-Payments Account (Billions of dollars) (Billions of dollars) Merchandise 80 60 Services 30 20 Income Receipts 35 40 Unilateral Transfers 25 20 Total 170 140 Based on the total values of Pagros's debits and credits, there is _ money flowing out of Pagros to foreign countries than there is flowing into Pagros. This means that Pagros has a deficit in the less more Complete the following table based on the credits and debits presented in the previous table. Size of Deficit or Deficit or Surplus Term How to Calculate Surplus (Billions of dollars) Current Account Balance Balance of Trade