Answer to Question #20475 in Macroeconomics for ken

Question #20475
suppose the united states exports $ 1 billion dollars worth of goods and imports $ 2 billion worth of goods, its capital account should be what?
1
Expert's answer
2012-12-18T10:21:49-0500
In Capital account we would see net export. We know that net export can be calculated as following, Export-Import.
In capital would be = $1 billion - $2 billion = -$ 1 billion

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