-Based on the transactions in the above table, what is the change in the U.S. current account balance?

Question

Quizplus · Accepted Answer

The change in the U.S. current account balance is equal to the difference between the value of exports and the value of imports. In this case, the value of exports is $31,000 and the value of imports is $32,500. Therefore, the change in the U.S. current account balance is -$32,500 - $31,000 = -$1,500.

-Based on the Transactions in the Above Table, What Is