Question: Use the following balance of payments data for Australia to determine their balance on oods and services for the current year. Please show your work

 Use the following balance of payments data for Australia to determine

Use the following balance of payments data for Australia to determine their balance on oods and services for the current year. Please show your work Asumptions Value in milions USO Goods: exports Goods: imports (207,658) Services: credit 59,716 Services: debit (57,269) Income: credit 38,105 Income: debit (67,842) Current transfers: credit 5.853 Current transfers: debit (7,685)

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