Which of the following are included in the U.S. current account balance?
I. exports to Japan
II. interest payments made to Canada
III. transfer payments made to Israel
A) I only
B) I and II
C) I and III
D) I, II and III

Question

Quizplus · Accepted Answer

The U.S. current account balance includes all three components: exports to other countries (like Japan), interest payments made to foreign investors (such as those in Canada), and transfer payments (like those made to Israel). These elements are part of the broader current account, which measures the flow of goods, services, income, and transfer payments into and out of a country.

Which of the Following Are Included in the U