Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts. This nation's balance of trade is Its current account balance is Item And the nation's financial account balance is Merchandise exports Service exports Net unilateral transfers Net change in domestic liabilities abroad (financial outflows) Amount 800 150 -60 - 420 Net change in foreign assets at home (financial inflows) Merchandise imports Service imports (Enter your response as a whole number and include a minus sign if necessary.) (Enter your response as a whole number and include a minus sign if necessary.) 575 930 115 (Enter your response as a whole number and include a minus sign if necessary.)

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter21: International Trade And Finance
Section: Chapter Questions
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Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts.
Item
Merchandise exports
Service exports
Net unilateral transfers
Net change in domestic liabilities abroad
(financial outflows)
Net change in foreign assets at home
(financial inflows)
Merchandise imports
Service imports
Amount
800
150
-60
- 420
575
930
115
This nation's balance of trade is
(Enter your response as a whole number and include a minus sign if necessary.)
Its current account balance is. (Enter your response as a whole number and include a minus sign if necessary.)
And the nation's financial account balance is. (Enter your response as a whole number and include a minus sign if necessary.)
Transcribed Image Text:Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts. Item Merchandise exports Service exports Net unilateral transfers Net change in domestic liabilities abroad (financial outflows) Net change in foreign assets at home (financial inflows) Merchandise imports Service imports Amount 800 150 -60 - 420 575 930 115 This nation's balance of trade is (Enter your response as a whole number and include a minus sign if necessary.) Its current account balance is. (Enter your response as a whole number and include a minus sign if necessary.) And the nation's financial account balance is. (Enter your response as a whole number and include a minus sign if necessary.)
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