9 of 15 (8 complete) This Question: 1 pt The table gives some information about

Question

9 of 15 (8 complete) This Question: 1 pt The table gives some information about international transactions in EE Click the icon to vi the country of Plutonia. What is the capital and financial account balance? The capital and financial account balance is billion dollars. >>> Include the statistical discrepancy in the capital and finanicial account balance. >>> Record a negative balance with a minus sign. Do not record a positive balance with a plus sign. Data Table Item Imports of goods and services Foreign investment in Plutonia Exports of goods and services Plutonian investments abroad Net interest income Net transfers Statistical discrepancy Billions of dollars 1,487 1,051 990 456 -68 PrintDone

Explanation / Answer

Solution: $559 billion

Working:

Capital account balance = Foreign investment - Investment abroad + statistical discrepancy

= $1051 - $456 + (-$36)

= $559 billion

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