The GDPS can enter into agreements with foreign deposit protection schemes to protect Ghanaian depositors abroadOPTION ACTIONFALSE TRUE

The statement about the Ghana Deposit Protection Scheme (GDPS) being able to enter into agreements with foreign deposit protection schemes to protect Ghanaian depositors abroad is likely to be true. Such agreements can enhance the safety of depositors' funds held in foreign banks, ensuring that their deposits are protected similarly to how they would be protected domestically.

This would be a strategic move to safeguard the interests of Ghanaian citizens who may have deposits outside the country, particularly in the context of globalization and international finance. Additionally, it highlights the importance of international cooperation in the financial sector, allowing for better protection and risk management for depositors operating in a global market.

Therefore, the correct answer is TRUE.