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Business, 13.07.2020 22:01 umezinwachukwuebuka1

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.

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