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Balance of Payments · Question 37 of 53

Question 37

MediumOriginal question

Balance of trade is $−80 billion and net invisibles are $+50 billion. The current account balance is

Options for question 37

Show the answer and explanation
CorrectNot quiteAnswer B

Correct answer: B

Explanation

  1. Current account balance = BoT + net invisibles = −80 + 50 = $−30 billion.

Concept
From trade balance to current account
Typical time
70 s
Your time
—
The rule this testsBalance of trade and current account balance
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Ten questions from Balance of Payments, at your own pace.

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Ten questions from Balance of Payments, at your own pace.

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