Based on the Following Information,what Is the Balance on the Current

question 77

Multiple Choice

Based on the following information,what is the balance on the current account? Exports of goods and services = $12 billion
Imports of goods and services = $14 billion
Net income on investments = -$4 billion
Net transfers = -$1 billion
Increase in foreign holdings of assets in the United States = $6 billion
Increase in U.S.holdings of assets in foreign countries = -$3 billion

• A)-$7 billion
• B)-$3 billion
• C)-$2 billion
• D)$1 billion

---

Definitions:

Ecosystems

Complex networks of different organisms interacting with each other and their environment within a particular area.

Photosynthesizes

The act or process by which an organism that contains chlorophyll, such as a green plant, produces organic matter from carbon dioxide and water in the presence of sunlight.

Supergroup

In the context of biology, a high-level taxonomic category above the level of kingdom, used to classify life in a broad scale; or, in other contexts, a term for a highly successful musical collaboration.

Archaeplastida

A major group of eukaryotic organisms that includes red algae, green algae, and land plants, characterized by the presence of plastids with chlorophyll.