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Use the following information to answer the questions below. Assume that the capital account is equal to 0. Net unilateral transfers 250 Exports of goods
Use the following information to answer the questions below. Assume that the capital account is equal to 0. Net unilateral transfers 250 Exports of goods and services 500 Net increase in U.S. government's nonreserve foreign assets 30 Net increase in foreign ownership of U.S.-based nonreserve assets 400 Net increase in U.S. private assets abroad 250 Invest income received in the United States 200 Net increase in U.S. ownership of official reserve assets 20 Imports of goods and services 600 Net increase in foreign ownership of U.S.-based reserve assets 100 Investment income paid abroad by the United States 300 What is the current account balance? Does the financial account equal the current account? What is the statistical discrepancy
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