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Answer the Question on the Basis of the Following 2012

question 87

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Answer the question on the basis of the following 2012 balance of payments data (+ and -) for the hypothetical nation of Zabella.All figures are in billions of dollars. Current Account1)  Goods Exports2)  Goods Imports3)  Exports of Services4)  Imports of Services5)  Net Investment Income6)  Net TransfersFinancial Account7)  Foreign Purchases of Assets in the United States8)  US Purchases of Assets AbroadCapital Account9)  Balance on Capital Account+$8070+2025+55+1323+5\begin{array}{c}\begin{array}{lll}\text {Current Account}\\\hline \text {1) Goods Exports}\\\text {2) Goods Imports}\\\text {3) Exports of Services}\\\text {4) Imports of Services}\\\text {5) Net Investment Income}\\\text {6) Net Transfers}\\\\\text {Financial Account}\\\hline \text {7) Foreign Purchases of Assets in the United States}\\\text {8) US Purchases of Assets Abroad}\\\\\text {Capital Account}\\\hline \text {9) Balance on Capital Account}\end{array}\begin{array}{r}\\\hline+\$ 80 \\-70 \\+20 \\-25 \\+5 \\-5 \\\\\\\hline+13 \\-23\\\\\\\hline+5 \end{array}\end{array}
Refer to the given data.Zabella has a balance of trade (goods) :


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