7. The following information relates to the current account of the United States for year 2017:...
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7. The following information relates to the current account of the United States for year 2017: Amount ($'Billions) 1,825 (3,135) 920 Component of Current Account Receipts for merchandise exports Payments for merchandise imports Receipts for service exports Payments for service imports Receipts due to primary income Payments of primary income Receipts due to secondary income Payments of secondary income 860 Enter your answer (710) (650) 270 (150) Required: Calculate the United States current account balance for year 2017 (4 Points) 7. The following information relates to the current account of the United States for year 2017: Amount ($'Billions) 1,825 (3,135) 920 Component of Current Account Receipts for merchandise exports Payments for merchandise imports Receipts for service exports Payments for service imports Receipts due to primary income Payments of primary income Receipts due to secondary income Payments of secondary income 860 Enter your answer (710) (650) 270 (150) Required: Calculate the United States current account balance for year 2017 (4 Points)
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The Current Account Balance for year 2017 was Curre... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Posted Date:
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