-The data in the table above are the U.S. balance of payments. What is the capital and financial account balance?
Definitions:
Trade Deficit
A situation where a country's imports exceed its exports within a specified time period, indicating an outflow of domestic currency to foreign markets.
GDP Formula
The GDP formula calculates a country's Gross Domestic Product, typically as the sum of private consumption, government spending, investments, and net exports.
Largest Exporter
The country or entity that sells the most goods and services to other countries, contributing significantly to the global trade system.
United States
A country located in North America, consisting of 50 states, a federal district, and various territories, known for its significant influence on world politics, economy, and culture.
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