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    Principles of Macroeconomics Study Set 11
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    Exam 20: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    -Using the Table Above Calculate the Balance on Current Account
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-Using the Table Above Calculate the Balance on Current Account

Question 27

Question 27

Essay

  -Using the table above calculate the balance on current account. (1) Net exports of goods $ 700 - 1000 - 300 (2) Net export of services $ 300 - 200 100 (3) Net investment income $ 250 300 - 50 (4) Net transfer payments $ 50
-Using the table above calculate the balance on current account.
(1) Net exports of goods $ 700
- 1000
- 300
(2) Net export of services $ 300
- 200
100
(3) Net investment income $ 250
300
- 50
(4) Net transfer payments $ 50

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