Consider the following information: Imports $234.0 Net income from foreign investments 54.5 Foreign investments in U.S....

  

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Consider the following information: Imports $234.0 Net income from foreign investments 54.5 Foreign investments in U.S. 8.3 4.3 Government spending abroad Exports C 181.1 U.S. investments abroad 24,7 Foreign securities bought by U.S. 4.7 U.S. securities bought by foreigners 3.0 Purchase of short-term foreign securities 5.9 Foreign purchases of U.S. short-term securities 10.0 Determine the balance on the U.S. current account and capital accounts. Use a minus sign to enter the amount as a negative value. Round your answers to one decimal place. Balance on current account: $ Balance on capital account: $ Consider the following information: Imports $234.0 Net income from foreign investments 54.5 Foreign investments in U.S. 8.3 4.3 Government spending abroad Exports C 181.1 U.S. investments abroad 24,7 Foreign securities bought by U.S. 4.7 U.S. securities bought by foreigners 3.0 Purchase of short-term foreign securities 5.9 Foreign purchases of U.S. short-term securities 10.0 Determine the balance on the U.S. current account and capital accounts. Use a minus sign to enter the amount as a negative value. Round your answers to one decimal place. Balance on current account: $ Balance on capital account: $

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Solution 1 Below is the formula in computing the US cu... View the full answer