bop

bop

Multiple Choice

What is the merchandise balance from the table above?

• -5721.40

• +5721.40

• -5700

• +5700

Multiple Choice

What is the invisible balance from the table above?

• -546.4

• +500

• -5500

• +546.4

Multiple Choice

How is  the purchase of imported cars  recorded in Australia's BoP?

• As a goods credit in the current account
• As a goods credit in the income account
• As a goods credit in the capital account
• As a goods debit in the current account

Multiple Choice

How is spending by tourists visiting Australia recorded in the BoP?

• As a service debit in the current account
• As an income credit in the current account
• As a service credit in the current account
• As a service credit in the capital account

Multiple Choice

Imports involve

• Goods in, money in, positive in Current Account
• Goods in, money out, negative in Current Account
• Goods in, money in, positive in Financial Account
• Goods in, money out, negative in Financial Account

Multiple Choice

Balance of Trade is calculated as:

• Exports - imports

• Exports of visibles - import of visibles

• Exports of goods and services - import of goods and services

Multiple Choice

Current account of BOP records transactions is related to

• exchange of goods

• exchange of service

• current transfers

• all of above

Multiple Choice

When exports > imports....

• current account surplus

• current account deficit

Multiple Choice

which one of the following items is an intangible item in balance of payments statement?

• Export of food grain

• import of crude oil

• banking services provided in other countries

• import of steel by steel industry

Multiple Choice

Difference between the value of services exported and imported

• Export trade

• Visible trade

• Invisible trade

• Invincible trade

Multiple Choice

Leroy Jenkins buys stock in a Japanese video game company. This transaction would be recorded on the US balance of payments as

• current account

• financial/capital account

• official reserves

Multiple Choice

This account records a nation's imports and exports of goods, services, net investment income, and net transfers.

• current account
• financial/capital account
• official reserves

Multiple Choice

This account records flows of money from the purchase and sale of real estate and financial assets between countries.

• current account
• financial/capital account
• official reserves