Consider the following information (in Euros) for a hypothetical country
$$\begin{array} { l l }
\text { Exports of Merchandise } & 600 \
\text { Imports of Merchandise } & 400 \
\text { Exports of Services } & 1\colorbox{yellow} {50} \
\text { Imports of Services } & 100 \
\text { Income Receipts on Assets Abroad } & 100 \
\text { Income Payments on Foreign Assets } & 1\colorbox{yellow} {50} \
\text { Unilateral Transfers, Net } & - 10 \
\text { Change in Assets Abroad } & 300 \
\text { Change in Foreign Assets } & 100
\end{array}$$
-The balance on services is:

Question

Consider the following information (in Euros) for a hypothetical country
 $$\begin{array} { l l } 
\text { Exports of Merchandise } & 600 \
\text { Imports of Merchandise } & 400 \
\text { Exports of Services } & 1\colorbox{yellow} {50} \
\text { Imports of Services } & 100 \
\text { Income Receipts on Assets Abroad } & 100 \
\text { Income Payments on Foreign Assets } & 1\colorbox{yellow} {50} \
\text { Unilateral Transfers, Net } & - 10 \
\text { Change in Assets Abroad } & 300 \
\text { Change in Foreign Assets } & 100
\end{array}$$
-The balance on services is:

Quizplus · Accepted Answer

The balance on services is calculated as the difference between exports of services and imports of services. Here, it is $150 - 100 = 50$.

Consider the Following Information (In Euros) for a Hypothetical Country