The Table Has Some of the U

question 103

Essay

$$\begin{array} { l c } \text { Variables } & \text { (billions of dollars) } \\\hline \text { Imports of goods and services } & 1,400 \\\text { Exports of goods and services } & 1,600 \\\text { Net interest } & 0 \\\text { Net transfers } & 0 \\\text { Foreign investment in the United } & \\\text { States } & 480 \\\text { U.S. investment abroad } & 700 \\\hline\end{array}$$
The table has some of the U.S.balance of payments account.
-The table above gives some of the balance of payments accounts of the United States in 2013.
a. What is the current account balance?
b. What is the capital account balance?
c. What is the official settlements account balance?