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Business & Finance Assignment | Custom Assignment Help

Author:
October 26th, 2019

4. Use the information in the following table on Mexico’s 1996 international transactions to answer the questions (amounts are U.S. dollar values in millions):

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Merchandise imports $89,469custom assignment help

  • Merchandise exports $96,000
  • Services exports $10,901
  • Services imports $10,819
  • Investment income receipts $4,032
  • Investment income payments $17,099
  • Unilateral transfers $4,531

a. What is the balance of trade of Mexico?

 

b. What is its current account?

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