Which of the Following Transactions Could Contribute to a British

question 21

Essay

Which of the following transactions could contribute to a British current account surplus? Discuss.
a.A French firm sells defense equipment to the British government for 250 million pounds in bank deposits
b.Great Britain makes a gift of $500 million to the Iraqi government in the form of equipment to aid in reconstruction.

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Definitions:

Extrinsic Eye Muscles

The six muscles that control the movement of the eye and the eyelid, allowing for complex movements and adjustments in vision.

Ciliary Muscle Activity

The contraction and relaxation of the ciliary muscle, which helps in controlling the lens shape for focusing on objects at varying distances.

Membranous Labyrinth

A complex system of fluid-filled tubes and sacs found within the inner ear, important for hearing and balance.

Bony Labyrinth

A complex system of channels and cavities within the temporal bone of the skull that houses the organs of hearing and balance.