WorksheetsBOP and BOT
Total questions: 10
Worksheet time: 3mins
What does the balance of trade measure?
Export
Import
Export and Import
Remittances
If imports are greater than export, is a surplus?
Yes
No
The notion that trade deficits are bad
Yes
No
What does BOP measure?
Amount of money flowing out of the country
Amount of money flowing into the country
The difference between all money coming in and outflowing
Trade surplus
W
Who is the subject of BOP transaction??
Individuals, domestic government
Individuals, foreign governments
Anyone participating in the transaction
Is the end result of BOP always balanced?
Yes
No
BOT is a major part of BOP?
Yes
No
Shows the difference between a country's value imports and exports in a given period
BOP
BOT
The meaning of bot for the national economy
Show the strength of the economy
Indicate surplus and deficit of trade
Revealing the economic - political status of the country
Indicates important information to analyze and understand transaction economics
Net impact of bots
Equal to zero
Positive
Negative
All
