Exhibit 20-1 
Given the hypothetical data in Exhibit 20-1, what is the balance on current account?
A) -$1, 500
B) -$2, 000
C) -$2, 400
D) -$2, 420
E) -$2, 500
Correct Answer:
Verified
Q26: Which of the following would contribute, directly
Q27: When net unilateral transfers are added to
Q28: The capital account keeps track of the
Q29: Foreign investors may wish to purchase U.S.assets
Q30: Which of the following is true concerning
Q32: The current account reflects
A)trade in tangible products
B)trade
Q33: Which of the following is not considered
Q34: A wealthy Japanese executive decides to buy
Q35: United States net unilateral transfers have been
A)positive
Q36: Which of the following components of the
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