WorksheetsBalance of payments
Total questions: 10
Worksheet time: 5mins
Leroy Jenkins, a US citizen, buys stock in a Japanese video game company. This transaction would be recorded as
a credit to the US
a debit to the US
Leroy Jenkins buys stock in a Japanese video game company. This transaction would be recorded on the US balance of payments as
current account
financial/capital account
official reserves
An Italian tourist paying for a night in a London hotel would count as:
A debit on the UK balance of payments
A credit on the UK balance of payments
An Italian tourist paying for a night in a London hotel would appear on the UK balance of payments:
In the current account
In the capital/financial accounts
The acquisition of a UK football club by a rich foreign investor would count as
A debit on the capital and financial account
A credit on the current account
A debit on the current account
A credit on the capital and financial account
Profits from a UK football club, paid back to a wealthy foreign owner, would count as:
A credit as foreign direct investment on the capital/financial account
An outflow investment incomes on the current account
Import expenditure on the balance of trade of services
Current transfers
Big Dave, a UK citizen, buys a villa in France. This would be registered on:
The Balance of Trade in Goods
The Balance of Trade in Services
The Capital/Financial Account
Investment incomes
The stock of physical and financial assets held by a country around the world is known as the
International Investment Position
Portfolio Investment Flows
Investment income
Foreign Direct Investment
