Economics

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Review exercise 3

Components
($billions)
   
Goods
 
Goods credits 50
Goods debits -70
Net goods -20
Services
 
Service credits 15
Service debits -10
Net services 5
Balance on goods and services -15
   
Income
 
Income credits 5
Income debits -32
Net income -27
Current transfers
 
Current transfers credits 10
Current transfers debit -5
Net transfers 5
   
Balance on current account -37
Capital account
 
Capital transfers
 
credits 20
debits -15
Total capital account 5
   
Financial account
 
Direct investment 8
Portfolio investment 12
Other investment 7
Reserve assets 5
   
Total Financial account 32
   
Balance on capital  
and financial accounts 37

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