Answer possibilities: Merchandise trade balance: +25, +50, -25, +125, -75 US ser

Question

Answer possibilities: Merchandise trade balance: +25, +50, -25, +125, -75 US service imports: -35, +20, -20, -55, +30 Goods and services balance: +15, -21, -20, +10, +20 Current account balance: -4, -30, +25, +10, +30 Capital and financial acct bal: -35, -29, +35, -3, +7
Argentina citizen gives money to his brother in the us. This would be entered as a ____(debit or credit) item under the ______ ( us merchandise import, us merchandise export, or net unilateral transfers)
According to the table the US is running a trade ____ ( deficit or surplus)

Explanation / Answer

Merchandise trade balance: -25

US service imports: +30

Goods and services balance: -20

Current account balance: -30

Capital and financial acct bal: +35

Argentina citizen gives money to his brother in the us. This would be entered as a credit item under the net unilateral transfers.

According to the table the US is running a trade deficit .

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