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Consider hypothetical balance-of-payments data for Canada presented in the following table. Complete the following table by selecting the correct value for each missing entry. Balance
Consider hypothetical balance-of-payments data for Canada presented in the following table.
Complete the following table by selecting the correct value for each missing entry.
Balance of Payments (Billions of dollars) Current Accounts Canadian merchandise exports +55 Canadian merchandise imports -77 Merchandise trade balance Canadian service exports +70 Canadian service imports Services balance +35 Goods and services balance +13 Net investment income from abroad (net primary income) -2 Net unilateral transfers (net secondary income) -8 Current account balance Capital Accounts Change in Canadian-owned assets abroad -40 Change in foreign-owned assets in Canada +42 Capital account balance Statistical discrepancy -5 Net balance 0Step by Step Solution
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