Balance of Payments Quiz
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Questions and Answers

What does a surplus in the balance of payments indicate?

  • The country is exporting more than it is importing (correct)
  • The country is experiencing a decrease in foreign investments
  • The country is facing a trade deficit
  • The country's currency is depreciating

    • What is the balance of payments?

  • The total value of exports and imports of goods and services
  • The amount of money in a country's treasury
  • The government's budget for managing international trade
  • The record of all economic transactions between residents of a country and the rest of the world (correct)

    • What does the capital account in the balance of payments record?

  • Consumer spending on imports
  • International investment and borrowing (correct)
  • Domestic government spending
  • Exports of goods and services

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