The following table shows the 2012 balance of payments data for the hypothetical nation of Zabella.All figures are in billions of dollars.
Current Account:

-Refer to the above data.Zabella's balance on goods and services shows a:
A) $5 billion deficit.
B) $5 billion surplus.
C) $10 billion surplus.
D) $15 billion deficit.

Question

The following table shows the 2012 balance of payments data for the hypothetical nation of Zabella.All figures are in billions of dollars.
Current Account:
 
-Refer to the above data.Zabella's balance on goods and services shows a:
A) $5 billion deficit. 
B) $5 billion surplus. 
C) $10 billion surplus. 
D) $15 billion deficit.

Quizplus · Accepted Answer

Zabella's exports of goods and services are $20 billion, while its imports are $15 billion. This means that Zabella has a $5 billion surplus on goods and services.

The Following Table Shows the 2012 Balance of Payments Data