The largest part of the U.S. current account consists of
A) Fed transfers of U.S. dollars to other central banks.
B) net transfer payments between the United States and Mexico.
C) receipts from exports and payments for imports.
D) net borrowing between the United States and other countries.

Question

Quizplus · Accepted Answer

The largest part of the U.S. current account consists of receipts from exports and payments for imports. This includes goods and services traded between the United States and other countries, reflecting the country's trade balance.

The Largest Part of the U