Consider the balance-of-payments accounting information for Lalaland in 2015 as shown in the table below.All values are in billions of dollars and any variables not provided below have a value of zero.
TABLE 34-1
-Refer to Table 34-1.What is the current account balance for Lalaland in 2015?

Question

Consider the balance-of-payments accounting information for Lalaland in 2015 as shown in the table below.All values are in billions of dollars and any variables not provided below have a value of zero.
  TABLE 34-1
-Refer to Table 34-1.What is the current account balance for Lalaland in 2015?

Quizplus · Accepted Answer

The current account balance for Lalaland in 2015 is -$90 billion. This is the difference between the value of Lalaland's exports and imports of goods and services, plus net income from abroad.

Consider the Balance-Of-Payments Accounting Information for Lalaland in 2015 as Shown