Structure

In your own words, contrast the current account and financial account in the balance of payments structure. In doing so, apply your analysis to explain the trade balance between the U.S. and China.

Your response should be at least 200 words in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

Moffett, M. H., Stonehill, A. I., & Eiteman, D. K. (2012). Fundamentals of multinational finance. (IV ed., pp. 86-89, 92-93). New York: Pearson.

In-text citation

(Moffett, Stonehill & Eiteman, 2012)

No Wiki, no dictionary.com, please cite all work.