This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements is correct? (Read 34 times)

fagboi

  • Hero Member
  • *****
  • Posts: 535

Question 1

A UK firm builds a factory in Brazil. This transaction will be entered as
◦ a debit in the UK current account.
◦ a credit in the UK financial account.
◦ a credit in the UK current account.
◦ a debit in the UK financial account.

Question 2

Which of the following statements is correct?
◦ The overall sum of all the entries in the balance of payments must be zero.
◦ If the current account is in surplus, then the capital account must also be in surplus.
◦ The overall sum of all the entries in the balance of payments must be negative before taking the errors and omissions term into account.
◦ If the current account is in deficit, then the financial account must be in surplus.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by fagboi on May 25, 2020

taylorsonier

  • Sr. Member
  • ****
  • Posts: 377
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




fagboi

  • Member
  • Posts: 535
Reply 2 on: May 25, 2020
Great answer, keep it coming :)


alvinum

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

For a complete list of videos, visit our video library