Question: Attempts table [ [ 1 , + 1 , ] ] Keep the Highest 1 2 2 . Looking at credits and debits The
Attempts
table
Keep the Highest
Looking at credits and debits
The following table shows the value of credits and debits in four balanceofpayments accounts in the fictional economy of Gmros
tableBalanceofPayments Account,tableDebitsBillions of dollarstableCreditsBIIlions of dollarsMerchandiseServicesIncome Receipts,Unilateral Transfers,Total
Based on the total values of Gamros's debits and credits, there is money flowing out of Gamros to foreign countries than there is flowing into
Gamros. This means that Gamros has a deficit in the account.
Complete the following table based on the credits and debits presented in the previous table.
tableTermHow to Calculate,tableDeficit orSurplustableSize of Deficit orSurplusBillions of dollarsNet ExportsCurrent Account
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