11. Trade Accounts. A. Imagine a world at peace. Assume the United States has a Current Account balance of zero. Assume all the United States' trading partners also have Current Account balances of zero. 1. Then, can we assume all the Merchandise Trade balances are also zero? Yes/No, For credit you must defend your answer. 2. Next, consider what would happen if the United States economy began to grow faster than the economies of its trading partners. Incomes rise in the U.S. Business opportunities in the U.S. become much better than those of its trading partners. Then, what would happen to the Current Account balance in the United States? You must explain your answer. Here are your choices: ( Go into surplus.) Go into deficit. Stay balanced at zero.)