economics homework

you will be doing research on the U.S. International Balance of Payments. Follow the directions very carefully.

Go to www.bea.gov website.

Click on International Economic Accounts.

You will be using the following documentation and table:

1- click on News Release: International Transactions (under the Balance of Payments section).

2- go to the right hand side and click on Full Release and Tables pdf format.

Discuss the U.S. current account balance for the 4th quarter of 2014:

1- balance on goods and relate to individual categories.

2- balance of services and relate to individual categories.

3- balance of primary income

4- balance of secondary income (transfers).

5- overall balance of trade in current account.