-The data in the table above illustrates items from the U.S. balance of payments accounts. If there is no statistical discrepancy, what is the balance in the official settlements account?
A) $150 billion
B) -$150 billion
C) $50 billion
D) $0

Question

-The data in the table above illustrates items from the U.S. balance of payments accounts. If there is no statistical discrepancy, what is the balance in the official settlements account?
A) $150 billion 
B) -$150 billion 
C) $50 billion 
D) $0

Quizplus · Accepted Answer

The balance in the official settlements account would be $0 if there is no statistical discrepancy, as all inflows and outflows would perfectly offset each other in the balance of payments.

-The Data in the Table Above Illustrates Items from the U.S