Homework Help: economics

Posted by ULi on Thursday, March 20, 2008 at 7:13pm.

Given the following
exports of merchandise 107
exports of services 34
net unilateral transfers 7
statistical discrepancy 0
official settlements balance 22
imports of services 22
capital inflow 6
imports of merchandise 119
capital outflow 29
Calculate the balance on merchandise trade, the balance on goods, services and income, and the current account balance. Indicate whether these balances are deficits or surpluses.

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