Could you answer all the parts of this question please! Thank you :) Answer blan
ID: 1213049 • Letter: C
Question
Could you answer all the parts of this question please! Thank you :)
Answer blanks:
Merchandise Trade Balance: +186, +100, -86, -14, +14
U.S. service imports: -74, -20, +74, -25, +66
Goods and services balance: +10, -10, +21, +20, -15
Current account balance: +4, +10, -4, -25, +30
Financial account balance: -7, +3, +35, -29, -3
1. Debit, credit
2. U.S merchandise imports, U.S merchandise exports, net unilateral transfers
3. deficit, surplus
4. Less than, equal to, greater than
5. Surplus, deficit
6. Current, financial
7. Positive, zero, negative
Explanation / Answer
Merchandise Trade Balance: +14 ( 100 - 86)
U.S. service imports: +74 ( Exports - Import = 70 - (+74) = - 4)
Goods and services balance: +10 (+ 14 - 4)
Current account balance: +4 (+ 14 - 4 - 4 - 2)
Financial account balance: -3 (-70 + 67)
1. Credit
2. Net unilateral transfers
3. Surplus
4. Less than
5. Surplus
6. Financial
7. zero