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Table 181 -Refer to Table 18

Question 28

Multiple Choice

Table 18.1
 Table 18.1 Current Account ($)  Merchandise exports +1000 Merchandise imports +3000 Merchandise trade balance  Service exports +1500 Service imports +1000 Goods and services balance 100 Net investment income from abroad 1,000 Net unilateral transfers  Current account balance \begin{array}{l}\text { Table } 18.1\\\begin{array} { | l | c | } \hline \text { Current Account } & ( \$ ) \\\hline \text { Merchandise exports } & + 1000 \\\hline \text { Merchandise imports } & + 3000 \\\hline \text { Merchandise trade balance } & \\\hline \text { Service exports } & + 1500 \\\hline \text { Service imports } & + 1000 \\\hline \text { Goods and services balance } & 100 \\\hline \text { Net investment income from abroad } & - 1,000 \\\hline \text { Net unilateral transfers } & \\\hline \text { Current account balance } & \\\hline\end{array}\end{array}
-Refer to Table 18.1, which shows a Balance of Payments account. What is the goods and services balance?


A) ?$1,500
B) ?$2,000
C) ?$2,400
D) ?$2,420
E) $500

Correct Answer:

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