Ch 5 Global Trade [AP & Reg]

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Unformatted text preview: investment, so Capital Account] Capital parachute factory Current Account [trade in currently produced goods, svcs, net investment & transfers] Current (1) U.S. goods exports……………………………………………$+ 893 goods (2) U.S. goods imports………………………………………..…...-1,675 goods (3) Balance on goods [visibles]………..…………………………………………..$-782 goods (4) U.S. exports of services [shipping, insur., tourists, bank.] +380 exports (5) U.S. imports of services…………………………………..…….- 322 imports (6) Balance on services [invisibles]……………………….................................. + 58 services 58 (7) Balance on goods and services…………………………………….…………..-724 goods (8) Net investment income (income earned for svc of exported capital [money] Net [Profits received from overseas investment (interest, dividends, and rents)] ……………………...
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