The Table Contains Balance of Payments Data (+ and -)

question 160

Multiple Choice

$$\begin{array} { | l | r | } \hline \text { Current Account } & \\\hline \text { (1) Goods Exports } & + \$ 80 \\\hline \text { (2) Goods Imports } & - 70 \\\hline \text { (3) Exports of Services } & + 20 \\\hline \text { (4) Imports of Services } & - 25 \\\hline \text { (5) Net Investment Income } & + 5 \\\hline \text { (6) Net Transfers } & - 5 \\\hline \text { Financial Account } & \\\hline \text { (7) Foreign Purchases of Assets in the United States } & + 13 \\\hline \text { (8) US Purchases of Foreign Assets Abroad } & - 23 \\\hline \text { Capital Account } &\\\hline \text { (9) Balance on Capital Account } & + 5 \\\hline\end{array}$$
The table contains balance of payments data (+ and -) for the hypothetical nation of Zabella. All figures are in billions of dollars. Zabella's balance on the financial account shows a

• A) de?cit of $10 billion.
• B) surplus of $5 billion.
• C) de?cit of $28 billion.
• D) surplus of $13 billion.

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