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The Table Contains Balance of Payments Data ++ And -) for the Hypothetical Nation of Zabella

Question 38

Multiple Choice

 Current Account  (1)  Goods Exports +$80 (2)  Goods Imports 70 (3)  Exports of Services +20 (4)  Imports of Services 25 (5)  Net Investment Income +5 (6)  Net Transfers 5 Financial Account  (7)  Foreign Purchases of Assets in the United States +13 (8)  US Purchases of Foreign Assets Abroad 23 Capital Account  (9)  Balance on Capital Account +5\begin{array} { | l | r | } \hline \text { Current Account } & \\\hline \text { (1) Goods Exports } & + \$ 80 \\\hline \text { (2) Goods Imports } & - 70 \\\hline \text { (3) Exports of Services } & + 20 \\\hline \text { (4) Imports of Services } & - 25 \\\hline \text { (5) Net Investment Income } & + 5 \\\hline \text { (6) Net Transfers } & - 5 \\\hline \text { Financial Account } & \\\hline \text { (7) Foreign Purchases of Assets in the United States } & + 13 \\\hline \text { (8) US Purchases of Foreign Assets Abroad } & - 23 \\\hline \text { Capital Account } &\\\hline \text { (9) Balance on Capital Account } & + 5 \\\hline\end{array}
The table contains balance of payments data ( ++ and -) for the hypothetical nation of Zabella. All figures are in billions of dollars. Zabella's balance on goods and services shows a


A) $5 billion de?cit.
B) $5 billion surplus.
C) $10 billion surplus.
D) $15 billion de?cit.

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