Reference no: EM132905870

During 2019 the following were the only autonomous transactions that took place between the U.S. and the rest of the world.

1) Americans bought $20m worth of Kuwait oil.
2) The Russians bought $25m worth of U.S. beef.
3) Americans invested $5m in British stocks.
4) An American bought a factory in Japan for $40m.
5) The U.S. gave Egypt $10m in foreign aid.
6) A Japanese bought a hotel in Hawaii for $20m
7) American Banks paid $5m in interests to German investors.
8) U.S. residents gave $15m to their relatives in Mexico.
9) A French firm bought $30m worth of US commercial paper.
10) The Japanese invested $45m in U.S. Certificates of Deposit.
11) U.S. software engineers received $8m in consulting fees from Brazil.
12) Geico (USA) paid $14m reinsurance premium to the Lloyds of London.
13) Japanese visitors spent $7m at Orlando theme parks.
14) British investors bought $20m worth of US bonds.
15) Americans invested $12m in German money markets.
16) AT&T sold $21m telecom equipment to Brazil.

Problem 1: Calculate U.S. Trade, Current Account, Basic, and Performance balances for 2019