In recent years, the United States has had large

Question

Quizplus · Accepted Answer

The question is asking about the United States' current account, balance of trade, and balance of payments. A current account deficit means that a country is importing more than it is exporting, which in turn means a balance of trade deficit (since trade is a component of the current account). A current account deficit also means a balance of payments deficit, since the current account is a component of the balance of payments. Therefore, choice B, current account deficits, is the correct answer.

In Recent Years, the United States Has Had Large