TABLE 1.    BALANCE OF PAYMENTS (billions of $)

Debits (Payments)Credits (Receipts) Balance
CURRENT ACCOUNT
   Goods (Merchandise)200 140 -60
   Services Excluding Capital Services  30  50  20
    (tourism, shipping, insurance, etc.)
   Gifts and Transfers 10   5  -5
______________________________ _______________
Trade Account Balance  240 195-45
   Interest and Dividends 30  10 -20
______________________________ _______________
Debt Service Balance   30  10-20
______________________________ _______________
Balance on Current Account  270 205-65
CAPITAL ACCOUNT
   Purchases of Assets from Foreign Residents   20 -20
   Sales of Assets to Foreign Residents  85  85
______________________________ _______________
Balance on Capital Account   20  85 65
______________________________ _______________
BALANCE  290 290  0