Country X-2015 Transactions (billions of dollars)

-In the above table, the balance on the capital account for Country X is ________ billion dollars.

Question

Country X-2015 Transactions (billions of dollars)
 
-In the above table, the balance on the capital account for Country X is ________ billion dollars.

Quizplus · Accepted Answer

The balance on the capital account is calculated by subtracting the capital account transactions (outflows) from the capital account receipts (inflows). From the given table, we can see that the capital account receipts are $155 billion and the capital account transactions (outflows) are $-75 billion. Therefore, the balance on the capital account is $155 billion - $-75 billion = $+80 billion. So, the correct choice is C.

Country X-2015 Transactions (Billions of Dollars)