Table 42.3 Effects of Increased Capital Inflows

European purchases of U.S. dollars (trillions of U.S. dollars)To buy U.S. goods and services: 0.75 (down 0.25)To buy U.S. assets: 1.5 (up 0.5)Total purchases of U.S. dollars: 2.25
U.S. sales of U.S. dollars (trillions of U.S. dollars)To buy European goods and services: 1.75 (up 0.25)To buy European assets: 0.5 (no change)Total sales of U.S. dollars: 2.25
U.S. balance of payments on the current account: −1.0 (down 0.5)U.S. balance of payments on the financial account: +1.0 (up 0.5)