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2307 2.343 1.633 711 140 3.696 2.852 2.374 477 585 259 Current Account Exports of goods and services and income receipts (credits) Exports of goods

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2307 2.343 1.633 711 140 3.696 2.852 2.374 477 585 259 Current Account Exports of goods and services and income receipts (credits) Exports of goods and services Goods Services Primary income receipts Secondary income (current transfer) receipts Imports of goods and services and income payments (debits) Imports of goods and services Goods Services Primary income payments Secondary income (current transfer) payments Capital account Capital transfer receipts and other credits Capital transfer payments and other debits Financial account Net U.S. acquisition of financial assets excluding financial derivatives (net increase in assets/financial outflow (+) Direct investment assets Portfolio investment assets Other investment assets Reserve assets Net U.S. incurrence of liabilities excluding financial derivatives (net increase in liabilities financial inflow (+)) Direct investment liabilities Portfolio investment liabilities Other investment liabilities Financial derivatives other than reserves, net transactions Statistical discrepancy 0 792 357 538 100 - 977 132 705 141 -54 150 A. Calculate (i) The balance on goods and services. (ii) The balance on current account. (iii) What does 'Statistical discrepancy" represent

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