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The Table Contains Balance of Payments Data for the Hypothetical

question 34

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 (1)  Goods exports +$220 (2)  Goods imports 328 (3)  Exports of services +54 (4)  Imports of services 55 (5)  Net investment income +18 (6)  Net transfers 11 (7)  Capital account 1 (8)  Foreign purchases of Econland assets +124 (9)  Econland purchases of foreign assets 21\begin{array} { | l | c | } \hline \text { (1) Goods exports } & + \$ 220 \\\hline \text { (2) Goods imports } & - 328 \\\hline \text { (3) Exports of services } & + 54 \\\hline \text { (4) Imports of services } & - 55 \\\hline \text { (5) Net investment income } & + 18 \\\hline \text { (6) Net transfers } & - 11 \\\hline \text { (7) Capital account } & - 1 \\\hline \text { (8) Foreign purchases of Econland assets } & + 124 \\\hline \text { (9) Econland purchases of foreign assets } & - 21 \\\hline\end{array} The table contains balance of payments data for the hypothetical nation of Econland. All ?gures are in billions of dollars. Econland's balance on the current account shows a

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