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    Economics for Business
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    Exam 27: The Balance of Payments and Exchange Rates
  5. Question
    When the UK Acquires Assets Abroad, It Is in Essence
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When the UK Acquires Assets Abroad, It Is in Essence

Question 74

Question 74

True/False

When the UK acquires assets abroad, it is in essence borrowing money and foreign debts to the UK decrease.

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