Question: Question based on the following BOP analysis: During 2020 the following were the only autonomous transactions that took place between the U.S. and the rest

 Question based on the following BOP analysis: During 2020 the following

Question based on the following BOP analysis: During 2020 the following were the only autonomous transactions that took place between the U.S. and the rest of the world. 1. Americans bought $45m worth of Kuwaiti oil. 2. The Russians bought $35m worth of U.S. beef. 3. Americans invested $25m in British common stocks. 4. An American bought a factory in Japan for $55m 5. The U.S. gave Egypt $20m in foreign aid. 6. A Japanese investor bought a hotel in Hawaii for $60m. 7. American banks paid $15m in interest to German investors. 8. S. residents gave $5m in gifts to their relatives in Mexico. 9. A French firm bought $32m worth of US Commercial Paper. 10. Americans invested $30m in Japanese Certificates of Deposit. 11. The Germans bought $30m worth of US wheat. 12. US investors received $12m in dividend income from Canada. 13. European visitors spent $22m visiting Orlando Theme Parks. 14. Japanese investors bought $18m worth of U.S. Treasury Bonds. 15. Prudential Insurance USA paid $14m for reinsurance to Lloyds of London. 16. Dell USA sold $12m worth of computers to Mexico. 17. American investors bought $20m worth of French T-Bills. Use the above information to answer the following questions. What was the Basic Balance for the U.S. in 2020? $70m - $2m -$8m O $10m

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