1. Complete the following table with the available information. Use the information to calculate the last column and the current account balance row.

Unilateral transfers: 210

Exports in goods: 2205

Exports in services: 467

Imports in goods: 1400

Imports in services: 289

Income received by U.S. investors on foreign stocks and bonds: 664

Income received by foreign investors on U.S. assets: 349

	Exports (in $ billions)	Imports (in $ billions)	(Calculate) Balance
Goods
Services
Income payments
Unilateral transfers
(Calculate) Current account balance

Do not use commas or dollar symbols in your answers.

The last column and row need to be calculated.

Use a negative sign (-) with no space for any values that are negative (for example: -344)

2. Is there a trade deficit or a surplus? Explain why.