Search the Internet for China’s balance of trade information for the same year. How does it compare to that of the United States?

A country’s import/export activity is revealed in its balance-of-payments statement. This statement includes three accounts: the current account, the capital account, and the reserves account. The current account is most relevant to marketing because it is a record of all merchandise exported from and imported into a country. The latter two accounts record financial transactions. The U.S. Department of Commerce’s Bureau of Economic Analysis provides yearly and monthly figures on the country’s trade in goods and services.