Question

Below is the hypothetical information of the balance of payment for the US. Export of merchandise...

Below is the hypothetical information of the balance of payment for the US.

Export of merchandise 200
Import of merchandise 500
Export of services 80
Import of services 55
Unilateral transfer of fund (NET) -30
Direct Foreign Investment received by the US 100
Direct Foreign Investment made by the US 250
Portfolio Investment received by the US 400
Portfolio Investment made by the US 350
Other Capital Investment received by the US 600
Other Capital  Investment made by the US 200


Question:

What is the balance of the Financial Account?

(Note: if the answer is a surplus of 10, type 10. If the answer is a deficit of 10, type -10)

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Answer #1

Balance = 200 - 500 + 80 - 55 - 30 +100 - 250 + 400 - 350 +600 - 200 = -5

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