For the past year, a country has $200 million in exports of goods andservices. $169million of imports
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Question:
For the past year, a country has $200 million in exports of goods andservices. $169million of imports of goods and services. $60 million of income was received from foreigners and -$40 million net unilateraltransfers. What is the range of values for income paid to foreigners, so that each of the following would be true?
A - the country has a current account surplus
B - the country has a deficit in its goods and services balance
C - The country is a net borrower from the rest of the world
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