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fill in drop down options 1. less/more 2. capital/current 3 and 5 (how to calculate). merchandise debits-merchandise credits merch. and service debit - merch. and

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fill in drop down options

1. less/more

2. capital/current

3 and 5 (how to calculate). merchandise debits-merchandise credits

merch. and service debit - merch. and service credits

sum of credits - sum of debits

sum of debits - sum of credits

merchandise credits - merchandise debits

merch. and service credits - merch. and service debits

4 and 6. deficit / surplus

2. Looking at credits and debits The following table shows the value of credits and debits in four balance-of-payments accounts in the fictional economy of Moraha. Based on the total values of Moraha's debits and credits, there is money flowing out of Moraha to foreign countries than there is flowing into Moraha. This means that Moraha has a deficit in the account. Complete the following table based on the credits and debits presented in the previous table

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