In the economy of Popania in 2014, total Popanian purchases of assets in the rest of the

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In the economy of Popania in 2014, total Popanian purchases of assets in the rest of the world equaled

$300 billion, purchases of Popanian assets by the rest of the world equaled $400 billion, and Popania exported goods and services equal to $350 billion. What was Popania’s balance of payments on financial account in 2014? What was its balance of payments on current account? What was the value of its imports?

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Macroeconomics

ISBN: 9781464110375

4th Edition

Authors: Paul Krugman, Robin Wells

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