A country imports $20 billion worth of goods and services and exports $15 billion worth of goods and services. What is its net capital outflow?
A) $5 billion, so its residents' purchases of foreign assests exceed foreigners' purchases of domestic assets
B) $5 billion, so foreigners' purchases of domestic assets exceed its resident's purchases of foreign assets
C) -$5 billion, so its residents' purchases of foreign assests exceed foreigners' purchases of domestic assets
D) -$5 billion, so foreigners' purchases of domestic assets exceed its residents' purchases of foreign assets
Correct Answer:
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Q525: Table 31-2
Colombian Trade Flows ![]()
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