question archive Suppose that the dollar amount of goods and services that Americans buy - that is, import - in 2020 from all other countries will be the same as the amount that Americans bought from all other countries in 2019
Subject:BusinessPrice: Bought3
buy - that is, import - in 2020 from all other countries will be the same as the amount that Americans bought from all other countries in 2019. Suppose further that in 2020 non-Americans will want to invest more in America than non-Americans invested in America in 2019. The result of the above two facts will be
- an American current-account (or "trade") deficit in 2020 that is higher than the American current-account deficit in 2019
-an American current-account (or "trade") deficit in 2020 that is lower than the American current-account deficit in 2019
-an American capital-account surplus in 2020 that is higher than the American capital-account surplus in 2019
-an American capital-account surplus in 2020 that is lower than the American capital-account surplus in 2019
There is more than one correct answer among options a., b., c., and d.