Suppose Townsend's exports equal $1,000 billion, its imports equal $950 billion, and Jpurchases of foreign assets by its citizens equals $900 billion. What is Townsend's balance on its capital account?

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The Answer of Suppose Townsend's exports equal $1,000 billion, its imports equal $950 billion, and Jpurchases of foreign assets by its citizens equals $900 billion. What is Townsend's balance on its capital account?

Suppose Townsend's Exports Equal $1,000 Billion, Its Imports Equal $950