Over the course of a year, a nation tracked its foreign transactions and arrived at the following
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Over the course of a year, a nation tracked its foreign transactions and arrived at the following amounts:
What are this nation's balance of trade, current account balance, and capital account balance?
Transcribed Image Text:
Merchandise exports Service exports Net unilateral transfers 500 75 10 Domestic assets abroad (capital outflows)-200 300 -35 600 Foreign assets at home (capital inflows) Changes in official reserves Merchandise imports Service imports io) 50
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