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Ndia is facing criticism for spending at unsustainable levels. various statistics from the year 2012 are reported in us $ bellow. use these statistics to answer the following questions. debt service payments$60 billionforeign direct investment$30 billiongoods and services imported$46 billiongoods and services exported$26 billionnet investment income- $9 billionnew loans from foreign commercial banks$24 billionnew loans from public sources$2 billionprincipal on loans paid to foreign commercial banks$24 billionremittances and transfers$58 billionresident capital outflow (capital flight) $4 billionforeign reserves$295 billiona. what is the current account balance of india in 2012? (show your work)(6 points) unlocks icon subscribe to course hero to unlock this document

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Ndia is facing criticism for spending at unsustainable levels. various statistics from the year 2012...
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