Unit 7 Quiz
Authored by Tyler Hoelscher
Social Studies
12th Grade
Used 5+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Each month, Ima Newhere, who recently arrived in the United States, sends half her paycheck to her sister in Poland.
Current account - Debit
Current account - Credit
Capital/Financial account - Debit
Capital/Financial account - Credit
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
BMW pays $1 million to a U.S. shipper for transporting cars from Germany to the United States.
Current account - Debit
Current account - Credit
Capital/Financial account - Debit
Capital/Financial account - Credit
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
A Chinese company sells $1 million worth of socks to the U.S. army.
Current Account - credit
Current Account - debit
Capital Account - Credit
Capital Account - Debit
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Andre Prenoor, U.S. entrepreneur, invests $50 million to develop a theme park in Malaysia.
Current Account - credit
Current Account - debit
Capital Account - credit
Capital Account - debit
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Harley-Davidson USA purchases $25 million in production machinery from a Japanese company.
Current account - credit
Current account - debit
Capital/Financial account - credit
Capital/Financial account - debit
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Jorge Martinez from Spain buys a shopping center in Florida.
Current account - Credit
Current account - Debit
Capital/Financial account - credit
Capital/Financial account - debit
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
An Italian tourist paying for a night in a London hotel would appear on the UK balance of payments:
current account - credit
current account - debit
capital/financial accounts - credit
capital/financial accounts - debit
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