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Author Question: Which of the following statements is correct? (Read 55 times)

fagboi

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on: May 25, 2020

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.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by fagboi on May 25, 2020

taylorsonier

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Reply #1 on: May 25, 2020
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.
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fagboi

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Reply 2 on: May 25, 2020
:D TYSM

lindahyatt42

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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