consider the balance-of-payments accounting information for Lalaland in 2010 as shown in the table below. All values are in billions of dollars and any variables n rovided below have a value of zero. Exports Imports Net foreign-investment income Capital outflows Capital inflows 560 350 - 50 255 95 Vhat is the current account balance for Lalaland in 2010? DA. $160 billion о в. $260 bilion Ос. - $260 bilion O D. - $160 billion

Economics: Private and Public Choice (MindTap Course List)
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ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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Chapter19: International Finance And The Foreign Exchange Market
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Consider the balance-of-payments accounting information for Lalaland in 2010 as shown in the table below. All values are in billions of dollars and any variables not
provided below have a value of zero.
Exports
560
Imports
Net foreign-investment income
Capital outflows
Capital inflows
350
- 50
255
95
What is the current account balance for Lalaland in 2010?
.....
O A. $160 billion
O B. $260 billion
OC. - $260 billion
O D. - $160 billion
O E. $0
Transcribed Image Text:Consider the balance-of-payments accounting information for Lalaland in 2010 as shown in the table below. All values are in billions of dollars and any variables not provided below have a value of zero. Exports 560 Imports Net foreign-investment income Capital outflows Capital inflows 350 - 50 255 95 What is the current account balance for Lalaland in 2010? ..... O A. $160 billion O B. $260 billion OC. - $260 billion O D. - $160 billion O E. $0
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