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The Accompanying Table Contains Hypothetical Data for the U

Question 281

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 U.S. goods exports +$390 U.S. goods imports 498 U.S. service exports +133 U.S. service imports 107 Net investment income +12 Net transfers 22 Capital account 5 Foreign purchases of U.S. assets +156 U.S. purchases of foreign assets 59\begin{array} { | l | r | } \hline \text { U.S. goods exports } & + \$ 390 \\\hline \text { U.S. goods imports } & - 498 \\\hline \text { U.S. service exports } & + 133 \\\hline \text { U.S. service imports } & - 107 \\\hline \text { Net investment income } & + 12 \\\hline \text { Net transfers } & - 22 \\\hline \text { Capital account } & - 5 \\\hline \text { Foreign purchases of U.S. assets } & + 156 \\\hline \text { U.S. purchases of foreign assets } & - 59 \\\hline\end{array} The accompanying table contains hypothetical data for the U.S. balance of payments in a year. All ?gures are in billions of dollars. The ?gure for net transfers indicates that the United States


A) received a net public and private transfer of $22 billion from the rest of the world.
B) sent a net public and private transfer of $22 billion in remittances to the rest of the world.
C) sent a net private transfer of $22 billion to the rest of the world.
D) received a net private transfer of $22 billion from the rest of the world.

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