WDW_IMF&I-3

... is a measurement of all transactions between domestic and

foreign residents over a specified period of time

• Balance of Payments

• Balance of Trade

• Current Account

• Capital Account

... a measure of a country’s international trade in goods and services

• Balance of Payments

• Balance of Trade

• Current Account

• Capital Account

Which of the following is NOT a part of the Current Account of BOP?

• net export/import of goods

• balance of trade

• net portfolio investment

• net export/import of services

The ... account and the ... accoun are the two primary components of the balance of payments (BOP)

• current....capital

• current....financial

• capital....financial

The balance of payments measures all transactions between domestic residents over time

• True

• False

... represent aid, grants and gits from one country to another

• balance of trade

• balance of payments

• transfer payments

The ___ includes all international economic transactions with income or payment flows occurring within the year

• current account

• capital account

• financial account

Which subcategory mostly dominates in current account?

• goods (merchandise) trade

• services trade

• income trade

... account consists of four components—direct investment, portfolio investment, net financial derivatives, and other asset investment

• Current

• Capital

• Financial

The travel services provided to international travelers by United Airlines would be recorded in the current account subcategory of:

• services trade

• goods trade

• income trade