If a Nation's Exports Are $100 Billion,its Imports Are $110

question 46

Multiple Choice

If a nation's exports are $100 billion,its imports are $110 billion,the net foreign investment income is minus $10 billion and net transfers are plus $5 billion,then what can we deduce?

• A)That its balance of trade is +$10 billion.
• B)That its current account balance is +$15 billion.
• C)That its net exports are +$10 billion.
• D)That its balance of current and capital accounts are -$15 billion.
• E)That its current account balance is -$15 billion.

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