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Calculate the balance of the current account

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Reference no: EM133040501

If the amount of exports of US companies is $ 1,200 billion and the imports of these US companies are $ 500 billion; and received $ 900 billion in transaction income, $ 2,000 billion in merchandise imports and $ 400 billion in service imports; and the transfers issued by the United States government were $ 120 trillion, calculate the balance of the current account of the United States.

Reference no: EM133040501

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