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w balance. O In the current account, and there in the services balance. O In the current account, and there in the 'net unilateral transfers'

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w balance. O In the current account, and there in the services balance. O In the current account, and there in the 'net unilateral transfers' balance. QUESTION 6 You read that the US has a positive income balance (in the Balance of Payments). What does this mean? O The US has to make higher payments to foreigners on their holding of US assets than what the US receives on its ownership of foreign assets. O The US owns fewer foreign assets than foreigners own US assets. O The US owns more foreign assets than foreigners own US assets. O The US receives higher income payments on its ownership of foreign assets than it has to make to foreigners on their holdings of US assets. QUESTION 7

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