Use the following information to answer the questions below.
NUT                                                                                                                              250
Exports                                                                                                                         500
Net increase in foreign ownership of U.S.based nonreserveassets                 400
Net increase in U.S. government’s foreignassets                                                 30
Net increase in U.S. privateassets                                                                           250
Investment income received in theU.S.                                                                 200
Net increase in U.S. ownership of official reserveassets                                      20
Imports                                                                                                                          600
Net increase in foreign ownership of U.S. reserveassets                                    100
Investment income paid abroad by theU.S.                                                          300
- What is the current account balance?
- Does the financial account equal the current account?
- What is the statistical discrepancy?
