Use the following to answer questions:
-(Table: Balance of Payments) Refer to Table: Balance of Payments. In this case, the country's balance of payments on goods and services is:

Question

Use the following to answer questions: 
-(Table: Balance of Payments) Refer to Table: Balance of Payments. In this case, the country's balance of payments on goods and services is:

Quizplus · Accepted Answer

The balance of payments on goods and services is calculated by subtracting the value of imports of goods and services from the value of exports of goods and services. In this case, exports are valued at $3,650 billion and imports are valued at $4,025 billion, resulting in a deficit of $375 billion, indicated by the negative sign. Therefore, the answer is B.

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