-Using the Table Above Calculate the Balance on Current Account

question 73

Essay

-Using the table above calculate the balance on current account.
(1) Net exports of goods $ 800
- 1000
- 200
(2) Net export of services 250
- 200
50
(3) Net investment income 350
300
50
(4) Net transfer payments - 50

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Definitions:

Property Rights

Legal rights to own, use, and manage assets or property.

Negatively Affects

Refers to a detrimental impact or influence one variable has on another within a specific context.

Air Traffic

The movement of aircraft within the airspace system, and the operational systems and personnel that control its flow to ensure safety and efficiency.

Liability Rules

Laws that require A to compensate B for damages that A imposed on B.