The largest part of the U.S. current account consists of

Question

Quizplus · Accepted Answer

The largest part of the U.S. current account consists of receipts from exports and payments for imports. The current account is a measure of trade in goods and services, and exports and imports are the biggest components of that measurement. Net borrowing between the United States and other countries, Fed transfers of U.S. dollars to other central banks, and net transfer payments between the United States and Mexico are all smaller components of the current account.

The Largest Part of the U