contestada

Consider the following hypothetical data for an open economy​ (in millions):

Assets owned inside the U.S. by U.S. citizens​ = ​$140, 000140,000
Assets owned outside the U.S. by U.S. citizens​ = ​$23,35723,357
Assets owned outside the U.S. by foreign citizens​ = ​$110,000110,000
Assets owned inside the U.S. by foreign citizens​ = ​$22,78622,786

The value of the International Investment Position​ (IIP) of the U.S. is__________ ​$ nothing million.

Respuesta :

Answer: $571 million

Explanation:

International Investment Position​ (IIP) is an Economic measure that is calculated to see the assets owned by the citizens of a country outside the country versus the assets owned by foreigners in the country in question. It is informally referred to as a nation's Balance Sheet with other countries.

It is calculated by;

Value of the International Investment Position of the US = Assets owned outside the US by the US citizens -  Assets owned inside the US for the foreign citizens

= 23,357 - 22,786

= $571 million