If the balance on the current account is $842 billion and the balance on the financial account is -$603 billion,what is the balance on the capital account,assuming no statistical discrepancy?
A)$1,445 billion
B)$239 billion
C)$0
D)-$239 billion

Question

Quizplus · Accepted Answer

By the balance of payment identity, Current account + Capital account + Financial account = 0. 
Therefore, Capital account = -(Current account + Financial account) = -($842 billion - $603 billion) = -$239 billion.

If the Balance on the Current Account Is $842 Billion