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Balance of Trade and Balance of Payments

Specialty, Other

11th - 12th Grade

Used 776+ times

Balance of Trade and Balance of Payments
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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The current account shows ...

international movement of goods and services
international movement of capital
foreign exchange market
international movement of investments

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

An increase in the exchange value of one nation's currency in terms of currency of another nation's is called...

Depreciation of currency
Appreciation of currency

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Each month, Ima Newhere, who recently arrived in the United States, sends half her paycheck to her sister in Poland.

credit
debit

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Each month, Ima Newhere, who recently arrived in the United States, sends half her paycheck to her sister in Poland.

Current account

Capital/Financial account

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

BMW pays $1 million to a U.S. shipper for transporting cars from Germany to the United States.

credit
debit

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

BMW pays $1 million to a U.S. shipper for transporting cars from Germany to the United States.

Current account

Capital/Financial account

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A Chinese company sells $1 million worth of socks to the U.S. army.

credit

debit

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