Solved

The Table Contains Hypothetical Data for the U

Question 262

Multiple Choice

 (1)  US Goods Exports +$100 (2)  US Goods Imports 80 (3)  US Service Exports +40 (4)  US Service Imports 90 (5)  Net Investment Income +20 (6)  Net Transfers 15 (7)  Foreign Purchases of Assets in the United States +30 (8)  US Purchases of Foreign Assets Abroad 10 (9)  Balance on Capital Account +5\begin{array} { | l | c | } \hline \text { (1) US Goods Exports } & + \$ 100 \\\hline \text { (2) US Goods Imports } & - 80 \\\hline \text { (3) US Service Exports } & + 40 \\\hline \text { (4) US Service Imports } & - 90 \\\hline \text { (5) Net Investment Income } & + 20 \\\hline \text { (6) Net Transfers } & - 15 \\\hline \text { (7) Foreign Purchases of Assets in the United States } & + 30 \\\hline \text { (8) US Purchases of Foreign Assets Abroad } & - 10 \\\hline \text { (9) Balance on Capital Account } & + 5 \\\hline\end{array} The table contains hypothetical data for the U.S. balance of payments. All ?gures are in billions of dollars. Item 5 indicates


A) that the United States' current account was in surplus.
B) the size of the net in?ow of foreign investment to the United States that occurred in 2012.
C) the net amount Americans received as interest and dividends on existing U.S. investments abroad.
D) the net amount Americans paid as interest and dividends on existing foreign investments in the United States.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions