Question: please help You are given the following figures for U.S. international transactions in 2010 (in $ billions): Merchandise imports -$300 Merchandise exports +$200 Investment income

please help

You are given the following figures for U.S. international transactions in 2010 (in $ billions):

Merchandise imports

-$300

Merchandise exports

+$200

Investment income (net)

+$30

Other service transactions (net)

+$20

Foreign private assets in the United States (net increase)

+$100

U.S. private assets abroad (net increase)

-$50

Change in U.S. or foreign official reserve holdings

0

Calculate the balance of trade, balance of goods and services, balance on current account, official reserve transactions balance

Explain the difference between the current and capital accounts

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