What is Frances current account balance (CAB)?

s international transactions over the past year Show more Use the information in the following table on Frances international transactions over the past year to answer the following questions: Transactions Amount: Merchandise imports $92871 Merchandise exports $93859 Services imports $15406 Services exports $26683 Investment income receipts $43720 Investment income payments $27702 Unilateral transfers -$3736 A) What is Frances trade balance? B) What is Frances current account balance (CAB)? C) Did France run a CAB decit or CAB surplus over the last year? D) Given that Frances ocial reserve items and statistical discrepancy arezero what does the CAB imply about Frances ow of international purchases and sales of nancial assets (i.e. Frances capital ow) and why? Show less

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