Which of the following statements best epplains the dffecence in the values of the trade defiot and the current account defcr? A. The current scoount dinict is less than the frade defict because the current account is comprised of the trade balance, factor payments, and international transiars, and the irade batance is criy one componert of the calrent accourh. one componert of the dirrent account. c. The current acoount defict is greater than the trade deficit because the current account is comprisod of the trade balshoe, net capital cultiows, and intemational transfers, and the trade balance is only one componett of the cirrent account. D. The curient acwount defict is greater than the thode defict because the curent account defict is compribed of the trade bwiance, factor payments and international tranafers, and the tride balince is orly one comporint of the current acoount. In 2019, US not cacita culfown were! beion: Which of the following is true of net capial outfows? A. Not capial ouffows fefiect the increase in domestic assuts holg by foreignen minus the increase in foreign assets hild domestically B. Net anptal outfows tol us how much monny, on not, is fowing out of a country. c. Net capial outhows are the suen of net exports, teet tactor payments trom abroad, and net translers from abroad, Suppose Apple (base0 in the Unted Stales) sold an addorsal 50.5 baion in iPhonos so tetailors in Span Geven the inlarmatoon above, the trade difloit wotild be $ billon. (flownd your answer to one decinal) Which of the following is likely to happen if the U.S teal inteross fale increoses? A. US not coptal outbows we inerease, while the US. trade detot wil decrease B. 4.5 the captal outfors wilincease, and the U.5. trade defict wel atso increase c. 48 net cacital outfows will becrasce. While the US trade defor will increase D. US. nem capital outforme wil decrnace and eve U. 5 , trade deficit wal alse docieaso