The U.S. economy records the transactions in the table. Calculate the current account balance, the capital and financial account balance, the official settlements account balance, and exports of goods and services. >>> Record a negative balance with a minus sign. Do not record a positive balance with a plus sign. The current account balance is billion dollars. Item Imports of goods and services Interest paid to the rest of the world Interest received from the rest of the world Increase in U.S. official reserves Government sector balance Saving Investment Net transfers (billions of dollars) 2,500 500 350 10 - 200 2,000 2,250 0

The U.S. economy records the transactions in the table. Calculate the current account balance, the capital and financial account balance, the official settlements account balance, and exports of goods and services. >>> Record a negative balance with a minus sign. Do not record a positive balance with a plus sign. The current account balance is billion dollars. Item Imports of goods and services Interest paid to the rest of the world Interest received from the rest of the world Increase in U.S. official reserves Government sector balance Saving Investment Net transfers (billions of dollars) 2,500 500 350 10 - 200 2,000 2,250 0

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter18: International Finance

Section: Chapter Questions

Problem 1.1P

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