If there is a current account surplus in the U.S. balance of payments, then
A) there will necessarily be a surplus in the financial account.
B) the sum of deficit accounts exceeds the sum of surplus accounts in the current account.
C) the sum of surplus accounts in the current account exceeds the sum of deficit accounts in the financial account.
D) the net balance of the balance of payments will equal zero.
E) the United States is a net debtor to the rest of the world.

Question

Quizplus · Accepted Answer

The balance of payments is structured so that the sum of the current account, financial account, and capital account (if included) should equal zero, reflecting the accounting principle that every transaction entered as a credit in one account must be matched by a debit in another.

If There Is a Current Account Surplus in the U