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If a Nation's Exports Are $100 Billion,its Imports Are $110

Question 77

Multiple Choice

If a nation's exports are $100 billion,its imports are $110 billion,the net foreign investment income is minus $10 billion and net transfers are plus $5 billion,then what can we deduce?


A) That its balance of trade is +$10 billion.
B) That its current account balance is +$15 billion.
C) That its net exports are +$10 billion.
D) That its balance of current and capital accounts are -$15 billion.
E) That its current account balance is -$15 billion.

Correct Answer:

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