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Consider the following information: Imports $235.0 Net income from foreign investments 61.9 Foreign investments in U.S. 6.3 Government spending abroad 5.7 Exports 175.6 U.S. investments
Consider the following information:
Imports | $235.0 |
Net income from foreign investments | 61.9 |
Foreign investments in U.S. | 6.3 |
Government spending abroad | 5.7 |
Exports | 175.6 |
U.S. investments abroad | 29.8 |
Foreign securities bought by U.S. | 3.5 |
U.S. securities bought by foreigners | 3.3 |
Purchase of short-term foreign securities | 7.3 |
Foreign purchases of U.S. short-term securities | 8.3 |
Determine the balance on the U.S. current account and capital accounts. Use a minus sign to enter the amount as a negative value. Round your answers to one decimal place.
Balance on current account: $
Balance on capital account: $
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