What is the country’s current account balance

Reference no: EM131368648

1. A country had exports of $100 billion, imports of $90 billion, net transfers from abroad of $10 billion, and $5 billion of net income from foreign investments. What is the country's current account balance?

2. Brazil ran a current account deficit of $55 billion. What is its balance on the capital account?

Reference no: EM131368648

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