If the current account balance is -$100 billion and the capital and financial account balance is $80 billion, then the official settlement account balance is

Question

Quizplus · Accepted Answer

The official settlements account balance is equal to the sum of the current account balance and the capital and financial account balance.

Official settlements account balance = current account balance + capital and financial account balance

= -$100 billion + $80 billion

= $20 billion

Therefore, the answer is (C) $20 billion.

If the Current Account Balance Is -$100 Billion and the Capital