Based on the following information, what is the balance on the current account? Exports of goods and services = $12 billion Imports of goods and services = $14 billion Net income on investments = minus $4 billion Net transfers = minus $1 billion Increase in foreign holdings of assets in the United States = $6 billion Increase in U. S. holdings of assets in foreign countries = $3 billion A. minus $7 billion B. minus $3 billion C. minus $2 billion D. $1 billion
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Home » Business » Based on the following information, what is the balance on the current account? Exports of goods and services = $12 billion Imports of goods and services = $14 billion Net income on investments = minus $4 billion Net transfers =