What was the balance of payments on current account in x

Reference no: EM133438971

Questions: In the economy of X in 2016, exports equaled $400 billion of goods and $300 billion of services, imports equaled $500 billion of goods and $350 billion of services, and the rest of the world purchased $250 billion of X's assets.

a. What was the balance of payments on current account in X?

b. What was the balance of payments on financial account?

c. What was the value of X's purchases of assets from the rest of the world?

Reference no: EM133438971

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