Answered step by step
Verified Expert Solution
Question
1 Approved Answer
( U . S . Balance of Payments, 6 pts ) Listed below is U . S . s BOP for years from 2 0
US Balance of Payments,pts Listed below is USs BOP for years from to
Accountmillions of US dollars
A Current Account
Balance on goods
Balance on services
Balance on income
Balance on current transfers
B Capital Account
C Financial Account
Direct investment abroad
Direct investment in the US
Portfolio investment assets, net
Portfolio investment liabilities, net
Balance on other investment assets and liabilities, net
D Net Errors and Omissions
E Reserves and Related Items
In the Investment was $ millions and Savings was $ millions, then the balance of the US government budget is $ millions.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started