True: The UK typically runs a current account deficit, Remittances show in secondary income, Tonga receives remittances around 50% of its GDP, In many lower-income countries remittances can offset trade deficits, In 2022 China had the largest trade surplus in the world, False: The US typically runs a current account surplus, The current account includes only imports and exports, Compensation earned by overseas works shows in secondary income, The UK has the largest trade deficit in the world,

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