The Korean balance of trade deficit would be if the Korean dollar appreciates against all currencies, holding other things equal (assume that substitutes are readily available in the countries, and that the prices charged by firms remain the same). The Australia balance of trade deficit would be if the Australian dollar depreciates against all currencies, holding other things equal (assume that substitutes are readily available in the countries, and that the prices charged by firms remain the same). unchanged; unchanged larger; smaller smaller; larger Which of the following is true? I. The transaction regarding an Australian citizen receiving a research grant from a British institution in the United Kingdom is recorded as a credit under the current account of Australia. II. The transaction regarding a Canadian firm paying a dividend payment to a Swedish investor residing in Sweden is recorded as a debit under the current account of Canada. III. The transaction regarding an Portugal citizen receiving a dividend payment as a result of his investment in a stock of a British firm issued in the United Kingdom is recorded as a credit under the capital and financial account of Portugal. II and III I only I and III III only I and II II only