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019, the U.S. current account deficit was $480 bition, while the trade deficit was $577 billion. ch of the following statements best explains the difference
019, the U.S. current account deficit was $480 bition, while the trade deficit was $577 billion. ch of the following statements best explains the difference in the values of the trade deficit and the current account deficit? A. The current account deficit is less than the trade deficit because the current account is comprised of the trade balance, factor payments, and international transfers, and the trade bala only one component of the current account. B. The current account deficit is greater than the trade deficit count is comprised of the trade balance, net capital outflows, and international transfers, and the tried balance is only one component of the current aco C. The current account deficit is greater than the trade deficit because the current ransters, and the balance is only one component of the current account D. The current account deficit is less than the trade deficit because and international transfers, and the trade b is only one component of the current account. set ranital suitflows were $ | billion Which of the following is true of net capital outflows? A. Net capital outflows tell us how much money, on net, is flowing out of a country OB. Net capital outflows are the sum of net exports, net factor payments from abroad, and net transfers from abroad. C, Net capital outflows reflect the increase in domestic assets held by foreigners minus the increase in foreign assets held domestically
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