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The Following Table Contains Hypothetical Data for the U

Question 30

Multiple Choice

The following table contains hypothetical data for the U.S. balance of payments in a year. Answer the following question on the basis of these data. All figures are in billions of dollars. U.S. The following table contains hypothetical data for the U.S. balance of payments in a year. Answer the following question on the basis of these data. All figures are in billions of dollars. U.S.   Refer to the table above. If there was a net inflow of $7 billion in official reserves in the capital and financial account that year, the United States experienced a balance-of-payments: A)  Surplus of $7 billion B)  Deficit of $7 billion C)  Surplus of $99 billion D)  Deficit of $99 billion
Refer to the table above. If there was a net inflow of $7 billion in official reserves in the capital and financial account that year, the United States experienced a balance-of-payments:


A) Surplus of $7 billion
B) Deficit of $7 billion
C) Surplus of $99 billion
D) Deficit of $99 billion

Correct Answer:

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