Economics - The Balance of Payments
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This is The MCQs of Economics
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Question 1 of 36
1. Question
International Investment Position of the U.S 2011 U.S Assets Abroad
U.S government assets $800 billion
U.S private assets 200
Foreign Assets in the U.S
Foreign official assets 600
Foreign private assets 300Referring to the above table, the U.S balance of international indebtedness suggests that the U.S is a net:
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Question 2 of 36
2. Question
For the first time since World War I, in the mid-1980s the United States became a net international:
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Question 3 of 36
3. Question
A country that is a net international debtor initially experiences a (an):
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Question 4 of 36
4. Question
Credit (+) items in the balance of payments correspond to anything that:
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Question 5 of 36
5. Question
Credit (-) items in the balance of payments correspond to anything that:
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Question 6 of 36
6. Question
When all of the debit or credit items in the balance of payments are combined:
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Question 7 of 36
7. Question
In the balance of payments the statistical discrepancy is used to:
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Question 8 of 36
8. Question
A country’s transactions with the rest of the world are recorded in the:
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Question 9 of 36
9. Question
All of the following are credit items in the balance of payments except:
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Question 10 of 36
10. Question
All of the following are debit items in the balance of payments except:
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Question 11 of 36
11. Question
A capital account surplus might be expected to cause a current account deficit because the associated:
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Question 12 of 36
12. Question
The role of ____ is to direct one nation’s savings into investments of another nation
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Question 13 of 36
13. Question
The current account includes:
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Question 14 of 36
14. Question
The U.S balance of payments is constructed by:
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Question 15 of 36
15. Question
Debit entries on the balance of payments are the entries that would:
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Question 16 of 36
16. Question
In the balance of payments travels and tourism are included in the category of:
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Question 17 of 36
17. Question
Current account deficit are offset by
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Question 18 of 36
18. Question
The difference between a country’s balance of payments and its balance of international indebtedness:
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Question 19 of 36
19. Question
A nation wishing to reduce its current account deficit would be advised to:
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Question 20 of 36
20. Question
A nation will a current account deficit will be:
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Question 21 of 36
21. Question
In the calculation of gross domestic product net exports are
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Question 22 of 36
22. Question
A current account surplus implies that:
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Question 23 of 36
23. Question
Purchases of government securities in the United States by foreigners is:
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Question 24 of 36
24. Question
When a country has a trade deficit it
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Question 25 of 36
25. Question
In balance of payments accounting tourism and travel are classified in the
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Question 26 of 36
26. Question
Historically countries at early stages of rapid economic development have tender to experience
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Question 27 of 36
27. Question
The argument that U.S current account deficits cause net job losses for Americans:
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Question 28 of 36
28. Question
The balance of trade is a record of:
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Question 29 of 36
29. Question
Direct investment and security purchases are classified as:
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Question 30 of 36
30. Question
____ is needed to balancell the balance of payments statements
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Question 31 of 36
31. Question
The record of a country’s transactions in goods, services and assets with the rest of the world is its:
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Question 32 of 36
32. Question
The differences between a country’s merchandise exports and its merchandise imports is the
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Question 33 of 36
33. Question
The balance of payments is divided into two major accounts the:
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Question 34 of 36
34. Question
Which of the following statements is correct?
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Question 35 of 36
35. Question
Which of the following statements is True?
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Question 36 of 36
36. Question
The difference between the balance on current account and the balance on capital account is the:
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