IB Economics - Balance of Payments
Authored by Erin Fleming
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12th Grade - University
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18 questions
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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
current account
financial/capital account
official reserves
4.
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.
5.
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/capital account
official reserves
6.
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/capital account
official reserves account
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
a debit to the U.S.
a credit to the U.S.
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