Country X-2013 Transactions (Billions of Dollars)

question 12

Multiple Choice

Country X-2013 Transactions (billions of dollars)

-In the above table, the trade balance on goods and services for Country X is ________ billion dollars.

• A) +100
• B) -150
• C) +150
• D) -75

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Definitions:

Property, Plant, and Equipment

Tangible assets used in the operation of a business, expected to provide benefits for more than one period, such as buildings and machinery.

Income Statement

A financial statement that shows a company's revenues and expenses over a specified period, resulting in net profit or loss.

Balance Sheet

A financial summary showing a company's assets, liabilities, and equity from shareholders at a designated time.

Prepared

The state of being ready for a specific event, action, or process, often involving prior planning or setup.