goods exported 90
services '' 35
balance of visible trade 40
gifts and transfers from country A 7
calculate current account balance?
Dear Student,
Current account balance = Visible Trade Balance + Invisible trade balance + Net Unilateral Transfers
= 40 + 35 + 7
= 82
(Goods exported should be ignored as balance of visible trade is given)
Regards.
Current account balance = Visible Trade Balance + Invisible trade balance + Net Unilateral Transfers
= 40 + 35 + 7
= 82
(Goods exported should be ignored as balance of visible trade is given)
Regards.