Balance of Payments
Authored by Nicole Hopkins
Business
5th Grade
Used 5+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
which is systematic record ofall the economic transactions between one country and rest of the world
Balance of trade
Balance of transactions
Budget
Balance of payments
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
which one of the following items is an intangible item in balance of payments statement?
Export of food grain
import of crude oil
banking services provided in other countries
import of steel by steel industry
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Balance of trade is measuredas:
Dfference between import and export of goods
difference between import and export of services
Difference between import and export of capital
Difference betwee all import and all export
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the value of visible exports exceeds the value of invisible imports the balance relates to
Current account of BOP
Capital account of BOP
Balance of trade
none of these
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
which of the following is not a part of current account
Export of goods
Imports of services
Grants and gifts
FDI
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The current account shows ...
7.
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
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