The Following Table Contains Hypothetical Data for the U

question 49

Multiple Choice

The following table contains hypothetical data for the U.S. balance of payments in a year. Answer the following question on the basis of these data. All figures are in billions of dollars. U.S.
Refer to the table above. If there was a net inflow of $7 billion in official reserves in the capital and financial account that year, the United States experienced a balance-of-payments:

• A) Surplus of $7 billion
• B) Deficit of $7 billion
• C) Surplus of $99 billion
• D) Deficit of $99 billion