The following data shows the transactions of Surplusland (in $billions) in 2020. The information provided is complete.

Export of Goods	30
Imports of Goods	20
Change in foreign assets in Surplusland	24
Change in assets abroad	12
Export of services	14
Imports of services	10
Income receipts on investment	10
Income payments on investments	20
Unilateral transfers	12

Surplusland's trade balance will be in surplus, but the current account will be in deficit.

• True
• False
• Uncertain