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Economics (AS & A Level) · Oct / Nov 2023 · Paper 12 · Question 28

9708Current account of the balance of payments

A foreign government pays a UK university to educate its students. How would this be recorded on the balance of payments current account of the UK?

  1. Asecondary income; inflow
  2. Bsecondary income; outflow
  3. Ctrade in services; inflow
  4. Dtrade in services; outflow

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Correct answer: C. trade in services; inflow

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