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-The Table Above Shows the Transactions Made During 2011 by

Question 306

Multiple Choice

 Item  Millions  of  crumbs  Imports of goods and services 2,000 Exp orts of goods and services 3,000 Borrowing from the rest of the  world 1,500 Net investment income p aid to  foreigners 60 Net transfers paid to foreigners 60\begin{array} { | l | l | } \hline \text { Item } & \begin{array} { l } \text { Millions } \\\text { of } \\\text { crumbs }\end{array} \\\hline \text { Imports of goods and services } & 2,000 \\\hline \text { Exp orts of goods and services } & 3,000 \\\hline \begin{array} { l } \text { Borrowing from the rest of the } \\\text { world }\end{array} & 1,500 \\\hline \begin{array} { l } \text { Net investment income } p \text { aid to } \\\text { foreigners }\end{array} & 60 \\\hline \text { Net transfers paid to foreigners } & 60 \\\hline\end{array}
-The table above shows the transactions made during 2011 by the citizens of Biscuit, whose currency is the crumb. During 2011, the official reserves increased by 380 million crumbs. Calculate the current account balance.


A) -880 million crumbs
B) 1,000 million crumbs
C) -1,000 million crumbs
D) 880 million crumbs

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