Current Account (CA) or Capital and Financial Account (CFA)?

Quiz
•
Social Studies
•
12th Grade - University
•
Medium
Kelly Kater
Used 30+ times
FREE Resource
18 questions
Show all answers
1.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Ford purchases $30 million in production machinery from a Mexican company.
Current Account
Capital and Financial Account
Debit
Credit
2.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Elon Musk, U.S. entrepreneur, invests $75 million to develop a space base in India.
Current Account
Capital and Financial Account
Debit
Credit
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
A Chinese company sells $1 million worth of vests to the US Army.
Current Account
Capital and Financial Account
Debit
Credit
4.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
BMW pays $1 million to a U.S. shipper for transporting cars from Germany to the U.S.
Current Account
Capital and Financial Account
Credit
Debit
5.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Each month, Andrea, a recent immigrant to the United States, sends half her paycheck to her sister in Mexico.
Current Account
Capital and Financial Account
Credit
Debit
6.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Bank of America pays $10 million in interest to British depositers.
Current Account
Capital and Financial Account
Credit
Debit
7.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
Mr. Smith from Australia buys a shopping center in Texas.
Current Account
Capital and Financial Account
Credit
Debit
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