Question: Please review and answerthe question below. Please Putthe answer in bold. Consider the following table showing data for the components of the current account balance

Please review and answerthe question below. Please Putthe answer in bold.

Please review and answerthe question below. Please Putthe answer in bold. Consider

Consider the following table showing data for the components of the current account balance in Country A in 2017. If Country A's current account balance was $14 billion, which statement is correct? Assume the value of imports of goods was positive. Select the best answer. Value of Exports (billions) Value of Imports (billions) Goods $64 $7 Services $56 $32 Income Receipts and Payments $20 $14 Unilateral Transfers $17 $26 Answer Answered 2.5 Points Keypad Keyboard Shortcuts O There was a trade deficit of $6 billion in income receipts and payments. O There was a trade deficit of $24 billion in services. O The total value of exports was lower than the total value of imports by $14 billion. O Imports of goods were equal to $71 billion. Activa

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