The Table Contains Balance of Payments Data for the Hypothetical

question 75

Multiple Choice

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

• A) trade de?cit but a current account surplus.
• B) trade surplus but a current account de?cit.
• C) trade surplus and a current account surplus.
• D) trade de?cit and a current account de?cit.

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Cold Cranking Amps rating, indicating the ability of a battery to start an engine in cold temperatures, typically at 0°F.

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