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Examine the following summary of the U.S. balance of payments for 2017 (in $ billion) and fill in the blank entries. (Negative amounts should be
Examine the following summary of the U.S. balance of payments for 2017 (in $ billion) and fill in the blank entries. (Negative amounts should be indicated by a minus sign. Round to 1 decimal place.)
Credits Debits Current Account 2,351.1 1,553.4 797.7 $ -2,903.4 [1] Exports [1.1] Goods [1.2] Services [2] Imports [2.1] Goods [2.2] Services [3] Primary income [4] Secondary income -542.5 928.1 -706.4 154.0 -272.6 Balance on current account Capital Account 24.8 0 Balance on capital account 24.8 Financial Account 354.8 -379.2 799.2 -609.8 155.7 -166.8 [5] Direct investment [6] Portfolio investment [6.1] Equity securities [6.2] Debt securities [6.3] Derivatives, net [7] Other investment 643.5 -419.9 -23.1 383.7 -218.5 Balance on financial account 330.2 [8] Statistical discrepancies Overall balance -1.7 Official Reserve Account 1.7Step by Step Solution
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