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Egypt has the following numbers: 200 million of exports 160 million of imports 60 million income received from foreigners 40 million of net unilateral transfers.
Egypt has the following numbers:
200 million of exports
160 million of imports
60 million income received from foreigners
40 million of net unilateral transfers.
Give a series of values for income paid to foreigners, so that each of the following would be true:
a. Egypt has a current account surplus.
b. Egypt has a deficit for its goods and services balance.
c. Egypt is a net borrower from the rest of the world.
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