Examine the summary of the balance of payments of the United States for 2021. Compute...
50.1K
Verified Solution
Question
Accounting
Examine the summary of the balance of payments of the United States for 2021. Compute and discuss the balance on the current account and its subaccounts A Summary of the US. Balance of Payments for 2021 (in $ billion) Pequired: a-1 Compute the balance on the US goods trade. a-2. What does the bolance on the U.S goods trade you computed above represent? a-3. Compute the balance on the US services trade. a-4. What does the balance on the U.S services trade you computed above represent? a-5. Compute the balance on the U.S trade in goods and services a.6. What does the balance on the U.S. trade in goods and services you computed above represent? Complete this question by entering your answers in the tabs below. billions of dollars (e.g. $4,000,000,000 would be entered as $4 ). Balance on the U.S. goods trade b-1. Compute the balance on the U.S. primary income. b-2. What does the balance on the US. primary income you computed above mean? c-1. Compute the balance on the U.S, secondary income c-2. What does the balance on the U.S. secondary income you computed above mean? d-1. Compute the balance on the US. current account d-2. What does the balance on the U.S. current account you computed above mean? Complete this question by entering your answers in the tabs below. Compute the balance on the U.S. primary income. Note: Negative amounts should be indicated by a minus sign. Round your answer to 1 decimal places. Enter your answern in bilitions of dollars (e-9, $4,000,000,000 would be entered as $4 )


Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.