A current account surplus indicates that America is ________ its claims on foreign wealth,while a deficit indicates that this country is ________ its claims on foreign wealth.

Question

Quizplus · Accepted Answer

A current account surplus means a country is exporting more than it is importing, effectively increasing its claims on foreign wealth. Conversely, a current account deficit indicates a country is importing more than it is exporting, thus reducing its claims on foreign wealth.

A Current Account Surplus Indicates That America Is ________ Its