Which of the following statements about the UK balance of payments accounts isfalse?a)The current balance shows the balance for the trade in goods and services combined.b)If a foreign citizen places some money in a deposit in the UK, the accounts regard this as a credit.c)If the government’s reserves of foreign currencies increase, then there is a minus sign by this item.d) Allowing for errors and omissions the accounts always balance.

Published by
Essays Scribe
View all posts