If the United States imports another good in exchange for assets transferred from an American bank to a foreign bank,in the U.S.balance of payments table

Question

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When the United States imports goods, it records a debit in the current account, increasing the current account deficit. However, if this import is financed by transferring assets from an American bank to a foreign bank, it is recorded as a credit in the capital account, increasing the capital account surplus by an equivalent amount. Thus, the increase in the current account deficit is offset by an increase in the capital account surplus, leaving the overall balance of payments unaffected.

If the United States Imports Another Good in Exchange for Assets