Use the following to answer questions :
-(Table: Balance of Payment) Refer to the table Balance of Payments. In this case, the country's balance of payments on goods and services is:

Question

Use the following to answer questions : 
-(Table: Balance of Payment) Refer to the table Balance of Payments. In this case, the country's balance of payments on goods and services is:

Quizplus · Accepted Answer

The balance of payments on goods and services is calculated by subtracting the value of imports of goods and services from the value of exports of goods and services. In this case, the value of imports is higher than the value of exports, resulting in a negative balance of payments. The absolute value of the negative balance is $375 billion, therefore the answer is -375 billion, or choice B.

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