The table presents, in millions of US$, the balance for four items in a country’s current account over two years. year 1: goods –72, services 84, income 12, transfers –24. year 2: goods –87, services 46, income –3, transfers –44. What conclusions can be drawn about the changes from year 1 to year 2?
- AIncome has moved from a net inflow to a net outflow.
- BThe value of exported goods has fallen.
- CThe value of imported services has increased.
- DTransfers into the country have increased.