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The Current Account Does Not Include Which of the Following

Current transfer items D. It is measured in million USD as percentage of GDP for net trade and also in annual growth for exports and imports.


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Invisible trade items services C.

. Transfer of title to fixed assets E. D None of these. Foreign stocks and bonds E.

Current transfer items D. Statement 2- The balance of payment account is based on multiple entry system of accounting. Invisible trade items services C.

Trade in goods and services is defined as the transactions in goods and services between residents and non-residents. The capital account in the balance of payments does not include the following. A record all business transactions.

A purchases of shares in Toyota by Canadians. B net investment income. Current transfer items D.

A B and D. Current transfer items D. Foreign portfolio investments C.

C Direct investment receipt Credit in the capital account. Invisible trade items services C. Foreign stocks and bonds.

D exports of maple syrup to Vermont. 1 The financial account in the balance of payments does not include ____. Current transfer items D.

The current account does not include which of the following. The balance of payments on current account does not include the following items. 3 Credit transactions in the balance of payments do.

A negative account means it spends more than it earns. E income received by Canadians from foreign investments. Read the following statement given below and choose the correct alternative.

Its goods exports B. The transfer of funds linked to the sale or acquisition of fixed assets B. The balance of payments on current account does not include the following items.

MCQs Chapter 1 Introduction to Accounting have been prepared by our team of best accountancy teachers. Exports of goods and services D. Foreign direct investments B.

The current account represents a countrys net income over a period of time while the capital account records the net change of assets and liabilities during a particular year. Foreign stocks and bonds E. Invisible trade items services C.

The current account records a nations transactions with the rest of the worldspecifically its net trade in goods and services its net earnings on cross-border investments and its net. Solution By Examveda Team The current account of balance of payments does not include trade in goods. Invisible trade items services C.

It is one of the three components of its balance of payments the others being the capital account and the financial account. Current account measures the nations earnings and spendings abroad and it consists of the balance of trade. A positive current account means the nation earns more than it spends.

Which of the following pairs is not correctly matched with regard to balance of payment accounts. Foreign stocks and bonds E. In economic terms.

The current account includes records of a countrys A net transfers. Debt forgiveness by creditors C. The balance of payments on current account does not include the following items.

The capital account includes the capital receipts and capital payments such as portfolio investments. A Both are correct. Sale or purchases of non produced assets.

The current account consists of the visible and invisible imports and exports of the country as well as unilateral transfers and income receipts and payments. Its net investment income D. Foreign stocks and bonds.

The current account of the balance of payments includes a countrys key activity such as capital markets and services. The nations current account is its imports exports net income asset income and direct transfers. B Receipts of transfer payments Credit in the current account.

Foreign direct investment D. Invisible trade items services C. The balance of payments on current account does not include the following items.

2 The balance of payments on current account does not include the following items. Foreign direct investment B. The balance of payments on current account does not include the following items.

Which of the following is not included in the current account of a nations balance of payments. Its goods imports C. The financial account in the balance of payments does not include the following __.

It may also maintain an official reserve account to run either a fixed exchange rate. Merchandise imports a falling deficit E. The current account balance should theoretically be.

Foreign stocks and bonds E. Foreign stocks and bonds E. The trade balance exports minus imports is the largest component of a current account surplus or deficit.

A net exports B net investment income C net transfers D US. The financial account in the balance of payments does not include the following __. C imports of Kia cars from South Korea.

A Import of goods and services Debit in the current account. B transfers made to residents of other countries by Canadians. Holdings of foreign assets.

D All of the above are included in an economys current account. The current account does not include which of the following. In economics a countrys current account records the value of exports and imports of both goods and services and international transfers of capital.

Statement 1- The balance of payment account records visible invisible and Capital transactions.


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