Over time, the U.S. current account balance has primarily reflected

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The U.S. current account balance primarily reflects the U.S. balance of trade, which includes the value of all goods and services imported and exported. The current account balance also includes other items such as income from U.S. investments abroad and foreign investments in the U.S., as well as transfers of money home by U.S. citizens working in other countries. However, the balance of trade is the largest component influencing the overall current account balance.

Over Time, the U