Answer Happy

Alpha's balance-of-payments data for 2020 are shown below. All figures are in billions of dollars. Category Goods exports Goods imports Service exports Service imports Net investment income Net transfers Balance on capital account Foreign purchases of Alpha assets Alpha purchases of assets abroad Value $ +40 -35 +25 -10 -5 +10 +25 -50 Instructions: Input all amounts as positive values. a. What is the balance on goods? $ billion (Click to select) b. What is the balance on goods and services? billion (Click to select) c. What is the balance on the current account? billion (Click to select)
d. What is the balance on the capital and financial account? $ billio Click to en deficit surplus Suppose Alpha sold $10 billion of official reserves abroad to balance the capital and financial account with the current account e. Does Alpha have a balance-of-payments deficit or does it have a surplus? (Click to select):