International Economics 15th Edition by Robert Carbaugh

تمرين 10

Table 10.7 summarizes hypothetical transactions, in billions of U.S. dollars, that took place during a given year.
a. Calculate the U.S. merchandise trade, services, goods and services, income, unilateral transfers, and current account balances.
b. Which of these balances pertains to the net foreign investment position of the United States? How would you describe that position?