On the other hand, American consumption that results in the importing of goods and services from other countries causes dollars to flow out of the country. If our imports are greater than our exports, we will have a deficit in our current account.1 With a strong economy, a country can attract foreign capital to offset the trade
deficit. That allows the U.S. to continue its role as the consumption engine that fuels all of the world economies, even though it's a debtor nation that borrows this money to consume.2 This also allows other countries to export to the U.S. and keep their own economies growing.
