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Home Q & A Board Other Fields Homework Help Business Economics
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anhsu anhsu
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3 years ago
The following table shows parts of a country's balance of payments.

​Credits (£m)Debits (£m)
Current account10001200
Capital account   10  20
Balance of trade 600 500
Assuming that net errors and omissions are zero, the balance on the financial account will be

▸ a deficit of £110m.

▸ a surplus of £110m.

▸ a surplus of £210m.

▸ a surplus of £190m.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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gturgtur
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