Table 17.1 U.S. International Transactions

$\begin{array}{lr}
\text {Transaction}&\text {Amount}\
&\text {(billions of}\
&\text { dollars)}\
\text { Merchandise imports } & 110 \
\text { Services, net } & 15 \
\text { Unilateral transfers, net } & -20 \
\text { U.S. private assets abroad } & -50 \
\text { Merchandise exports } & 115 \
\text { Investment income, net } & 10 \
\text { Foreign private assets in the U.S. } & 25
\end{array}$

-Referring to Table 17.1, the merchandise trade balance shows a

Question

Table 17.1 U.S. International Transactions
 
$\begin{array}{lr}
\text {Transaction}&\text {Amount}\
&\text {(billions of}\
&\text { dollars)}\
\text { Merchandise imports } & 110 \
\text { Services, net } & 15 \
\text { Unilateral transfers, net } & -20 \
\text { U.S. private assets abroad } & -50 \
\text { Merchandise exports } & 115 \
\text { Investment income, net } & 10 \
\text { Foreign private assets in the U.S. } & 25
\end{array}$

-Referring to Table 17.1, the merchandise trade balance shows a

Quizplus · Accepted Answer

The merchandise trade balance is calculated as merchandise exports minus merchandise imports. From the table, merchandise exports are $115 billion and merchandise imports are $110 billion, resulting in a surplus of $5 billion.

Table 171 U -Referring to Table 17