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

question 77

Multiple Choice

Based on the following information,what is the balance on the current account? Exports of goods and services = $12 billion
Imports of goods and services = $14 billion
Net income on investments = -$4 billion
Net transfers = -$1 billion
Increase in foreign holdings of assets in the United States = $6 billion
Increase in U.S.holdings of assets in foreign countries = -$3 billion

• A)-$7 billion
• B)-$3 billion
• C)-$2 billion
• D)$1 billion

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Definitions:

Sensorimotor Stage

A developmental phase from birth to about 2 years of age, where infants learn about their environment through their sensory perceptions and motor activities.

Object Permanence

The concept that items maintain their existence even when they are out of sight, sound, or beyond sensory perception.

Motor Development

The progression of muscular coordination required for physical activities, influenced by genetic and environmental factors.

Developmental Milestones

Key stages in the physical, emotional, intellectual, and social development of humans, especially as observed in children as they grow.