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Based on the Following Information,what Is the Balance on the Financial

question 165

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Based on the following information,what is the balance on the financial account? Exports of goods and services = $5 billion
Imports of goods and services = $3 billion
Net income on investments = -$2 billion
Net transfers = -$2 billion
Increase in foreign holdings of assets in the United States = $4 billion
Increase in U.S.holdings of assets in foreign countries = -$1 billion

Explain the rationale and effects of government policies, including subsidies and price supports, on farming.
Comprehend the influence of income elasticity on the demand for agricultural products.
Identify the impacts of changes in consumer spending patterns on the agricultural sector.
Explain the significance and calculation of the parity ratio in the context of agricultural economics.

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