The following are hypothetical data for a country's balance of payments. You can assume the balance on the capital account is zero. Use the data to calculate the following:
a.the balance on the current account
b.the balance of trade on goods and services
c.the balance on the financial account
d.net errors and omissions
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Definitions:
Mollusks
A diverse group of invertebrates that includes snails, slugs, clams, octopuses, and squids.
Coral Bleaching
A coral expels its photosynthetic dinoflagellate symbionts in response to stress and becomes colorless.
Symbiont
An organism that lives in a close, often long-term interaction with another organism of a different species, where at least one benefits (mutualism, commensalism, or parasitism).
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