Billions of dollars 400 100 100 100 50 Category Consumption (personal consumption expenditures) Investment (gross private domestic investment) Government consumption (government expenditures) Exports of goods and services Imports of goods and services Foreign income payments to domestic factors Domestic income payments to foreign factors Net unilateral transfers Capital account balance Statistical discrepancy The external wealth at the beginning of 2016 The external wealth at the end of 2016 100 150 50 0 0 500 400 7. The current account balance of Australia in 2020 is billion. A) $50 B) $0 C) $50 D) $100 8. The financial account balance of Australia in 2020 is billion. A) $100 B) $50 C) $50 D) $100 9. The valuation effect of Australia in 2020 ismas billion. A) $200 B) $150 C) $150 D) $200