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Reference: Ref 20-2 (Table: Balance of Payments) According to the Data

Question 3

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Reference: Ref 20-2 (Table: Balance of Payments) According to the data in this table, which of the following statements is true for the year 1997? A) This country had a balance of trade surplus of $620 million. B) This country had a balance of trade deficit of $320 million. C) This country had a current account deficit of $320 million. D) This country had a current account surplus of $185 million. Reference: Ref 20-2 (Table: Balance of Payments) According to the data in this table, which of the following statements is true for the year 1997?


A) This country had a balance of trade surplus of $620 million.
B) This country had a balance of trade deficit of $320 million.
C) This country had a current account deficit of $320 million.
D) This country had a current account surplus of $185 million.

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