What is the current account? Use the information in the following table on Mexico's 2007 international transactions
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What is the current account?
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Use the information in the following table on Mexico's 2007 international transactions to answer exercises 4-6 (the amounts are the U.S. dollar values in millions): Merchandise exports Merchandise imports Services exports Services imports Income receipts Income payments $271,594 $281,649 $ 17,512 $ 23,784 $ 7,972 $ 26,036 Unilateral transfers $ 24,197
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