Which of the Following Would Decrease the Current Account Balance

question 44

Multiple Choice

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.

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Definitions:

Trivial Details

Minor or insignificant facts or aspects that are often deemed not important.

Retail Store

A physical location where consumers can purchase goods or services directly from a business.

Smoke Screen

A deliberate action or statement designed to obscure, confuse, or mislead.

Salesperson

a professional involved in the direct selling and promotion of products or services to potential customers, often requiring skills in communication, persuasion, and product knowledge.