Table 10.1 gives hypothetical figures for U.S.International Transactions.
Table 10.1.U.S.International Transactions

-Referring to Table 10.1,the goods and services balance equals:
A) $5 billion
B) $15 billion
C) $20 billion
D) $25 billion

Question

Table 10.1 gives hypothetical figures for U.S.International Transactions.
Table 10.1.U.S.International Transactions
 
-Referring to Table 10.1,the goods and services balance equals:
A) $5 billion 
B) $15 billion 
C) $20 billion 
D) $25 billion

Quizplus · Accepted Answer

The goods and services balance can be found by adding the exports of goods and services ($15 billion) and subtracting the imports of goods and services ($35 billion). Therefore, the goods and services balance equals $20 billion.

Table 10.1 Gives Hypothetical Figures for U.S.International Transactions