Question
Suppose the U.S. has the following statistics: Total Exports 560 billion Total Imports 665 billion Cash Sent to Foreigners (gifts) 32 billion Cash Received from
- Suppose the U.S. has the following statistics:
| Total Exports | 560 billion |
| Total Imports | 665 billion |
| Cash Sent to Foreigners (gifts) | 32 billion |
| Cash Received from Foreigners (gifts) | 63 billion |
| Foreign Aid | 23 billion |
| Foreign Assets Purchased | 38 billion |
| Domestic Assets Sold to Foreigners | 135 billion |
What are the U.S. Current and Capital Account balances?
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Investing All In One
Authors: Eric Tyson
1st Edition
1119376629, 978-1119376620
