Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Calculate the current account for U.S. based on the following data for 2015. Export of goods and services $150, Import of goods and services $233,

Calculate the current account for U.S. based on the following data for 2015. Export of goods and services $150, Import of goods and services $233, Foreign aids and grants provided $123, Foreign aids and grants received $73, Investment by U.S. companies in foreign countries for establishing subsidiaries $544, US companies' acquisitions by foreigners $55, Interest and dividend received by US $121. (All figures are in billions).

12b

22b

32b

420

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Risk Manager Handbook

Authors: Philippe Jorion

6th Edition

0470904011, 978-0470904015

More Books

Students also viewed these Finance questions