Use the following to answer questions:
-(Table: Balance of Payments) Refer to Table: Balance of Payments. The country's balance of payments on current account is:

Question

Use the following to answer questions: 
-(Table: Balance of Payments) Refer to Table: Balance of Payments. The country's balance of payments on current account is:

Quizplus · Accepted Answer

The balance on current account is always calculated as exports - imports. In this case, exports are $2,400 billion while imports are $2,755 billion. Therefore, the balance on current account is -$355 billion.

Use the Following to Answer Questions