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:

Course Policy

The set of rules and guidelines provided by an educational or training program that outlines expectations and procedures.

Gestalt Psychology

A school of psychology that studies how people integrate and organize perceptual information into meaningful wholes, emphasizing the holistic nature of the human mind.

Humanism

A philosophical and ethical stance that emphasizes the value and agency of human beings, individually and collectively.

Psychoanalytic Theory

A theory developed by Freud that suggests human behavior is influenced by unconscious motives, desires, and conflicts.