In September 2005, exports of goods from the U.S. decreased $3.3 billion to $73.4 billion, and imports of goods increased $3.8 billion to $144.5 billion. This increased the deficit in:

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Quizplus · Accepted Answer

The balance of payments is a broader measure that includes both goods and services, as well as financial flows. The financial account refers to investment flows, and unilateral transfers refer to one-sided transfers of wealth (such as foreign aid). Therefore, the increase in the trade deficit specifically affects the current account, which measures the balance of trade in goods and services.

In September 2005, Exports of Goods from the U