If the balance on the current account in the United States is $750 billion,which of the following is most likely to be true?
A)The balance on the financial account is negative.
B)The trade balance is negative.
C)Net foreign investment is negative.
D)The balance on the capital account is positive.

Question

Quizplus · Accepted Answer

The current account balance is the sum of the trade balance and the financial account balance. If the current account balance is positive, then the trade balance must be positive and the financial account balance must be negative.

If the Balance on the Current Account in the United