wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

balance quiz

Total questions: 26

Worksheet time: 37mins

Name
Class
Date
1.

Income received from investment abroad

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

2.

Foreign-held assets in U.S. increase

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

3.

Export goods and services

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

4.

Unilateral transfers (aids or gifts) to foreigners

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

5.

Import goods and services

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

6.

Foreign-held assets in U.S. decrease

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

7.

Unilateral transfers (aids or gifts) received from foreigners

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

8.

Export/sell stocks, bonds to foreigners

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

9.

Liabilities to foreigners increase

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

10.

Claims on foreigners decrease

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

11.

U.S.-owned assets abroad decrease

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

12.

Import/buy foreign stocks, bonds

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

13.

Liabilities to foreigners decrease

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

14.

Claims on foreigners increase

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

15.

Income paid on investments of foreigners

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

16.

U.S.-owned assets abroad increase

a)

Current account (Credit +)

b)

Current Account(Debit-)

c)

Capital and Financial Account(FA)(Credit +)

d)

Capital and Financial Account(FA)(Debit-)

17.

An

accounting record of the international transactions

between the residents of one country and the rest

of the world over a year refers to

(a)  

18.

Examples of credits for U.S. balance of trade

a)

Merchandise export

b)

Merchandise import

c)

Selling assets to foreign residents

d)

Purchase assets abroad

19.

Examples of DEBITSfor U.S. balance of trade

a)

Merchandise export

b)

Merchandise import

c)

Selling assets to foreign residents

d)

Purchase assets abroad

20.

Apple sells 500 million phones to France the balance of payments for the US would include

a)

500 million export (credit)

b)

500 million import (credit)

c)

500 million export (debit)

d)

500 million import (debit)

21.

The US export 500 million phones the US would fall under

a)

Current account (credit)

b)

Current account (debit)

c)

Capital and financial account (credit)

d)

Capital and financial account (debit)

22.

American buys tacos in Mexico using an American check, which entry is correct?

a)

credit in Mexico's current account

b)

credit in Mericas current account

c)

Debit in Mexico's current account

d)

credit in Mexico's Financial account

23.

US sells treasury bonds to Japan, this results in

a)

credit in Japan's credit in Mexico's capital and financial account

b)

credit in Mericas capital and financial account

c)

Debit in Americas capital and financial account

d)

credit in Japan capital and financial account

24.

If the United States has a Positive balance on its current account, it

a)

is a net lender to the rest of the world.

b)

is a net borrower from the rest of the world.

c)

is a net borrower from the rest of the world.

d)

is a net borrower from the rest of the world.

25.

Suppose in London £/$ = 0.7 while in New York £/SF = 0.3. The corresponding cross rate (SF/$) is

a)

2.6

b)

.428

c)

2.33

d)

.3

26.

A appreciation of the dollar refers to

a)

a fall in the dollar price of foreign currency

b)

an increase in the dollar price of foreign currency.

c)

a loss of foreign-exchange reserves for the U.S

d)

an intervention in the international money market

Similar Resources on Wayground

Operating Systems

25 questions

Operating Systems

quiz

Worksheet

•

University - Professi...