Balance of Payments Ch. 28
Quiz
•
Social Studies
•
12th Grade
•
Hard
Brian Taylor
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32 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the purchase of imported cars recorded in Australia's BoP?
As a goods credit in the current account
As a goods credit in the income account
As a goods credit in the capital account
As a goods debit in the current account
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is spending by tourists visiting Australia recorded in the BoP?
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the payment of interest on foreign loans recorded in Australia's BoP?
As a primary income debit in the current account
As a service debit in the current account
As a foreign investment debit in the financial account
As a secondary income credit in the current account
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expenditure by Toyota Australia, on freight costs for imported cars, is recorded in the balance of payments as
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Development aid is different from emergency relief in that
it is responsive to natural disasters
its aim is to build the productive capacity of the recipient
it is impossible to plan in advance.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A rise in import spending would, ceteris paribus,
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A payment for which nothing of economic value is received in return is called
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