Question 12 3 pts What are the effects on the British balance of payments of the following set of transactions? U.K. Videos imports 44 million of movies from the U.S. firm Twenty-First Century Wolf (TFCW). The payment is denominated in pounds, is drawn on a British bank, and is deposited in the London branch of a U.S. bank by TFCW because TFCW anticipates purchasing a film studio in the United Kingdom in the near future. (3 points) 44M credit in the current account and 44M increase in foreign ownership of British assets recorded in the capital account 44M debit in the current account and 44M decrease in foreign ownership of British assets recorded in the capital account 44M debit in the current account and 44M debit in the capital account 44M debit in the current account and 44M increase in foreign ownership of British assets recorded in the capital account 44M credit in the current account and 44M debit in the capital account