Given the scenario where Argentina experiences a significant rise in imports of agricultural products, which of the following statements best categorizes the impact on its current account balance?

When Argentina increases its imports of agricultural products, this means that the country is buying more goods from other countries. This situation can lead to a negative impact on Argentina's current account balance because the current account measures the difference between what a country earns from exports and what it spends on imports. If imports rise significantly, Argentina spends more money abroad than it earns from selling its own products, which can create a deficit. For example, if Argentina imports a lot of wheat while exporting less beef, the money flowing out for wheat will exceed the money coming in from beef sales, worsening the current account balance. Therefore, a rise in imports typically leads to a lower current account balance for Argentina.