Consider the Balance-Of-Payments Accounting Information for Lalaland in 2015 as Shown

question 33

Multiple Choice

Consider the balance-of-payments accounting information for Lalaland in 2015 as shown in the table below.All values are in billions of dollars and any variables not provided below have a value of zero.
TABLE 34-1
-Refer to Table 34-1.What is the capital account balance for Lalaland in 2015?

• A)-$270 billion
• B)-$90 billion
• C)$0
• D)$90 billion
• E)$270 billion

---

Definitions:

Industrial Union

A labor union where members are organized across an entire industry, rather than by trade or profession.

Closed Shop

A form of union security agreement where an employer agrees to hire union members only, and employees must remain members of the union at all times.

Craft Unions

Labor unions that represent workers in specific crafts or trades, focusing on the skilled labor within particular industries.

Right-to-Work Laws

Legislation that prohibits compulsory membership in or payment to a union as a condition of employment, aimed at protecting workers' rights to choose.