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The following data shows the transactions of Surplusland (in Sbillions) in 2020. The information provided complete Export af Goods - 30 Imports of Goods -
The following data shows the transactions of Surplusland (in Sbillions) in 2020. The information provided complete Export af Goods - 30 Imports of Goods - 20 Change in foreign assets in Surplusland - 24 Change in assets abroad - 12 Export of services imports of services - 14 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.
a) true
b) false
c) uncertain
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