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Below is the hypothetical information of the balance of payment for the US. Export of merchandise 200 Import of merchandise 500 Export of services 80
Below is the hypothetical information of the balance of payment for the US.
Export of merchandise 200
Import of merchandise 500
Export of services 80
Import of services 55
Foreign Aids, grants and gift OR Unilateral transfer of fund (NET) -30
Direct Foreign Investment received by the US 100
Direct Foreign Investment made by the US 250
Portfolio Investment received by the US 400
Portfolio Investment made by the US 350
Other Investment received by the US 600
Other Investment made by the US 200
Question:
What is the balance of the Current Account ?
(Note: if the answer is a surplus of 10, type 10. If the answer is a deficit of 10, type -10)
Export of merchandise 200
Import of merchandise 500
Export of services 80
Import of services 55
Foreign Aids, grants and gift OR Unilateral transfer of fund (NET) -30
Direct Foreign Investment received by the US 100
Direct Foreign Investment made by the US 250
Portfolio Investment received by the US 400
Portfolio Investment made by the US 350
Other Investment received by the US 600
Other Investment made by the US 200
Question:
What is the balance of the Current Account ?
(Note: if the answer is a surplus of 10, type 10. If the answer is a deficit of 10, type -10)
please do not use answers already posted, they are wrong. show all work.
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