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 net change in the stock of Lalaland's investments abroad 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 net change in the stock of Lalaland's investments abroad in 2015?

Quizplus · Accepted Answer

The net change in the stock of Lalaland's investments abroad in 2015 is an increase of $90 billion. This can be seen by subtracting the value of Lalaland's investments abroad at the end of 2014 ($1,080 billion) from the value of Lalaland's investments abroad at the end of 2015 ($1,170 billion).

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