Balance of Payments

Balance of Payments

9th - 12th Grade

12 Qs

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Balance of Payments

Balance of Payments

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Quiz

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9th - 12th Grade

Medium

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Leroy Jenkins buys stock in a Japanese video game company. This transaction would be recorded as

a credit to the US
a debit to the US

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Leroy Jenkins buys stock in a Japanese video game company. This transaction would be recorded as

current account
financial/capital account
official reserves

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Princess Charlotte of England buys a Dodge Viper from the U.S. This transaction will be recorded as

a credit to the U.S.
a debit to the U.S. 

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Princess Charlotte of England buys a Dodge Viper from the U.S. This transaction will be recorded as

current account
financial/capital account
official reserves

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Malaysian government buys a new Boeing 787 from the U.S. This transaction is recorded as

a credit to the U.S.
a debit to the U.S.

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