The Table Has Some of the U

question 8

Multiple Choice

$\begin{array} { l c } \hline \text { Variables } & \text { (billions of dollars) } \\\hline \text { Imports of goods and services } & 1,400 \\\text { Exports of goods and services } & 1,600 \\\text { Net interest } & 0 \\\text { Net transfers } & 0 \\\text { Foreign investment in the United } & \\\text { States } & 480 \\\text { U.S. investment abroad } & 700 \\\hline\end{array}$
The table has some of the U.S. balance of payments account.

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If there is no statistical discrepancy, the official settlement account balance equals_{--------------------}

• A)zero
• B)+$220 billion
• C)+$200 billion
• D)+$20 billion
• E)-$20 billion

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