Which of the following would be a credit item in the UK balance of payments? A) A UK company sells computer software to a company in Spain. B) A UK firm hires a non-UK citizen. C) A UK citizen travels to the USA for a two-week holiday. D) The UK government lends money to a developing country

Which of the following would be a credit item in the UK balance of payments? A) A UK company sells computer software to a company in Spain. B) A UK firm hires a non-UK citizen. C) A UK citizen travels to the USA for a two-week holiday. D) The UK government lends money to a developing country

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter18: International Trade And Finance

Section: Chapter Questions

Problem 19SQ

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Question

Which of the following would be a credit item in the UK balance of payments?

A) A UK company sells computer software to a company in Spain.
B) A UK firm hires a non-UK citizen.
C) A UK citizen travels to the USA for a two-week holiday.
D) The UK government lends money to a developing country

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