The Table Given Below Reports the Value of Various International

question 33

Multiple Choice

The table given below reports the value of various international transactions in Germany for the year 2011. The negative sign denotes the outflow of euros from Germany.
Table 6.1
$\begin{array}{|l|c|}\hline \text { German 2010 Transactions } & \text { Millions of Euros } \\\hline \text { Capital Inflows } & € 1,420 \\\hline \text { Exports of Goods } & € 750 \\\hline \text { Imports of Services } & -€ 430 \\\hline \text { Investment Income Receipts } & € 400 \\\hline \text { Investment Income Payments } & € 670 \\\hline \text { Unilateral Transfers } & -€ 470 \\\hline \text { Exports of Services } & € 340 \\\hline \text { Imports of Goods } & -€ 790 \\\hline \text { Capital Outflows } & -€ 920 \\\hline\end{array}$
-Refer to Table 6.1. Calculate the current account balance for Germany for the year 2011.

• A) -€1,720
• B) €500
• C) -€870
• D) €784
• E) -€650

---

Definitions:

Budgetary Requirements

encompass the financial resources needed to support an activity, project, or organization, including estimates of income and expenditures.

Labor Laws

Regulations that govern the relationship between employers and employees, covering aspects such as employment terms, working conditions, and labor rights.

Task Behaviors

Activities and actions taken to achieve a specified objective or complete a job.

Coordination

The organization of different elements or activities in a way that enables them to work together efficiently and effectively.