Which of the following would decrease the current account balance of the United States?
A)a decrease in imports
B)a decrease in the amount of money the U.S.government sends in foreign aid to other countries
C)a decrease in the balance of trade
D)a decrease in the amount of income U.S.companies pay out to foreigners who own investments in the U.S.

Question

Quizplus · Accepted Answer

A decrease in the balance of trade, which means the U.S. is importing more than it is exporting, would decrease the current account balance.

Which of the Following Would Decrease the Current Account Balance