
Econ 4th Edition by William McEachern
Edition 4ISBN: 978-1285423548
Econ 4th Edition by William McEachern
Edition 4ISBN: 978-1285423548 Exercise 1
(Balance of Payments) The following are hypothetical data for the U.S. balance of payments. Use the data to calculate each of the following:
a. Merchandise trade balance
b. Balance on goods and services
c. Balance on current account
d. Financial account balance
e. Statistical discrepancy
a. Merchandise trade balance
b. Balance on goods and services
c. Balance on current account
d. Financial account balance
e. Statistical discrepancy

Explanation
The hypothetical data reveals that the U...
Econ 4th Edition by William McEachern
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