The United States regularly posts deficits in both the current account and the trade balance in goods.

Question

Quizplus · Accepted Answer

The current account measures the balance of trade in goods and services, as well as income flows, while the trade balance in goods only measures the balance of trade in physical goods. The United States has consistently posted deficits in both of these measures, meaning that imports have exceeded exports, leading to outflows of money from the country.

The United States Regularly Posts Deficits in Both the Current