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

question 190

Multiple Choice

Based on the following information,what is the balance on the current account? Exports of goods and services = $5 billion
Imports of goods and services = $3 billion
Net income on investments = -$2 billion
Net transfers = -$2 billion
Increase in foreign holdings of assets in the United States = $4 billion
Increase in U.S.holdings of assets in foreign countries = -$1 billion

• A)-$2 billion
• B)$1 billion
• C)$3 billion
• D)$4 billion

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Definitions:

Economic Uncertainty

A situation characterized by unpredictability or instability in economic policies, market conditions, or other financial elements impacting economies.

Macro Uncertainty

Broad, external uncertainties that impact the economic and business environment, such as geopolitical risks, economic cycles, and significant policy changes.

State Uncertainty

The lack of predictability or knowledge regarding the future state of an environment or variables that might affect decision-making or outcomes.

Narrowly Defined Market

A market segment that is precisely delineated by specific characteristics, allowing for targeted marketing strategies.