Quiz: Chapter 33 Quiz Submit Quiz sco This Question: 1 pt 3 of 8 (6 complete) Th

Question

Quiz: Chapter 33 Quiz Submit Quiz sco This Question: 1 pt 3 of 8 (6 complete) This Quiz: 8 pts possible see scO The table on the right lists the dollar figures of international transactions of the US. figures are in billions of dollars Account Value (billions $s) $725 Exports of goods Exports of services Imports of goods Imports of services Net unilateral transfers U.S. capital going abroad Foreign capital coming to U.S The current account balance is past du OA. S-75 OB. S-10 O c. s-85 $225 S-75 $725 D $175 The capital account balance is O A. S-10 OB. S-75 O c. s-88 O D. $175 Click to select your answer Sco earch

Explanation / Answer

1. C) $-85

Export of goods +export of services - Import of goods + import of services + net unilateral transfer

(725 + 290) - (800 +225) +(-75) = $-85

Capital Account Balance -

D)$175

Capital or investment coming from abroad - capital ir investment for rest of the world from US

900 -725 = 175$

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