The following table shows the 2008 balance of payments statement for Transylvania.All figures are in billions of dollars.

-Refer to the above data.In 2008 Transylvania imported more products than it exported.

Question

The following table shows the 2008 balance of payments statement for Transylvania.All figures are in billions of dollars.
 
-Refer to the above data.In 2008 Transylvania imported more products than it exported.

Quizplus · Accepted Answer

The current account shows a negative balance of -$20 billion, indicating that Transylvania imported more products than it exported in 2008.

The Following Table Shows the 2008 Balance of Payments Statement