IB Economics - Balance of Payments

Quiz
•
Other
•
12th Grade - University
•
Medium
Raquel Ramos
Used 111+ times
FREE Resource
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 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 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 account
official reserves
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Malaysian government buys a new Boeing 787 from the U.S. This transaction is recorded as
current account
financial account
official reserves
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The U.S. Federal Reserve sells $4 million worth of Treasury bonds to a Chinese investor. This would be recorded as
current account
financial account
official reserves account
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