Balance of Payments

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

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

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

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

which of the following is not a part of current account

• Export of goods

• Imports of services

• Grants and gifts

• FDI

The current account shows ...

• international movement of goods and services
• international movement of capital
• foreign exchange market
• international movement of investments

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

BMW pays $1 million to a U.S. shipper for transporting cars from Germany to the United States.

• Current account

• Capital/Financial account

Andre Prenoor, U.S. entrepreneur, invests $50 million to develop a theme park in Malaysia.

• Current account

• Capital/Financial account

Harley-Davidson USA purchases $25 million in production machinery from a Japanese company.

• Current account

• Capital/Financial account