6.1 Balance of Payment Accounts

6.1 Balance of Payment Accounts

12th Grade

15 Qs

quiz-placeholder

Similar activities

Patent

Patent

1st - 12th Grade

13 Qs

Understanding Culture, Society and Politics

Understanding Culture, Society and Politics

12th Grade

15 Qs

Panimulang Talakayan sa Ekonomiks

Panimulang Talakayan sa Ekonomiks

9th - 12th Grade

20 Qs

Black lives matter vocab (from Brit. Red Cross resources)

Black lives matter vocab (from Brit. Red Cross resources)

7th - 12th Grade

10 Qs

New York colony

New York colony

5th Grade - University

10 Qs

6th Form General Knowledge

6th Form General Knowledge

12th Grade

18 Qs

DIASS (Social Work & Communication)

DIASS (Social Work & Communication)

12th Grade

10 Qs

GAS 12 ITOPS Unit 1 Reviewer

GAS 12 ITOPS Unit 1 Reviewer

11th - 12th Grade

15 Qs

6.1 Balance of Payment Accounts

6.1 Balance of Payment Accounts

Assessment

Quiz

Social Studies

12th Grade

Medium

Created by

Holden Lowe

Used 21+ times

FREE Resource

AI

Enhance your content

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

15 questions

Show all answers

1.

MATCH QUESTION

1 min • 1 pt

Match the following Current Account Terms

Balance of Trade

Foreign Factor income - Foreign factor payments

Net Transfers

Net Exports, Exports - Imports

Net Foreign Factor Income

Transfers in - Transfers Out

2.

MATCH QUESTION

1 min • 1 pt

Match the following Financial/Capital Account Terms

Net portfolio Investment

Fed Sells foreign currency - Fed buys foreign currency

Net Foreign Direct Investment

Foreign direct investment in US - US direct investment abraod

Net official reserves

Foreign Investment in US - US investment abroad

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The current account + the financial account = ???

0

+

-

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is the current account always balanced?

Yes

No, it can run surpluses

No, it can run deficits

No, it can run surpluses and it can run deficits

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

The balance of payments (BOP) is an accounting system that records a country’s international transactions for a particular time period. It consists of ???

Current account

Financial/Capital Account

a scale that is always balanced

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Credit or Debit? Current Account or Financial Account?

Bob purchases $50,000 worth of common stock in Korean manufacturer Hyundai.

Credit

Debit

Current Account

Financial Account

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Credit or Debit? Current Account or Financial Account?

2. A buyer for Macy’s purchases $1 million dollars worth lamb’s wool sweaters from a New Zealand textile firm.

Credit

Debit

Current Account

Financial Account

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?