1. Transactions between the US and the rest of the world are shown below. Use the following information to answer the next four questions.

   1. US citizens spend 50 million dollars visiting China.
   2. American companies sell 30 million dollars worth of stock to foreign investors.
   3. US citizens receive 10 million dollars worth of dividend payments from foreign corporations.
   4. US government buys 5 million dollars worth of bonds.
   5. American citizens purchase 35 million dollars worth of Japanese produced vehicles.
   6. US government buys 18 million dollars worth of gold.
   7. Ford sells 80 million dollars worth of cars overseas.
   8. US corporations receive 4 million dollars in interest from foreign corporations.
   9. US citizens send 16 million dollars in disaster relief to Haiti.

   Find the US balance of trade (in millions of dollars).

   		- 7
   		45
   		19
   		None of the above

6.25 points

QUESTION 3

1. Find the capital account balance (in millions of dollars).

   		25
   		21
   		3
   		5

6.25 points

QUESTION 4

1. Find the current account balance (in millions of dollars).

   		18
   		-7
   		9
   		- 5

6.25 points

QUESTION 5

1. Find the official reserve account balance

   		$18 million
   		-$18 million
   		-$23 million
   		$23 million