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Amount Transaction (billions of dollars) Allocation of SDRs 10 Changes in U.S. assets abroad 100 Statistical discrepancy -15 Merchandise imports -400 Payments on foreign assets

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Amount Transaction (billions of dollars) Allocation of SDRs 10 Changes in U.S. assets abroad 100 Statistical discrepancy -15 Merchandise imports -400 Payments on foreign assets in U.S. -20 Remittances, pensions, transfers -60 Travel and transportation receipts, net 30 Military transactions, net -10 Investment income, net 100 Merchandise exports 350 U.S. government grants (excluding military) -20 Changes in foreign assets in the U.S. 190 Other services, net 80 Receipts on U.S. investments abroad 30 Compensation of employees -10

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