BEC Economic Theory Review 16

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Joens1313
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299929
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BEC Economic Theory Review 16
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2015-04-04 12:55:00
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BEC Economic Theory Review 16
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BEC Economic Theory Review 16
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  1. in terms of balance of payments, what is included in the current account?

    1. --------------------
    2. balance of goods and services
    3. interest and dividends
    4. unilateral transfers
    • 1. balance of trade
    • 2. balance of goods and services
    • 3. interest and dividends
    • 4. unilateral transfers
  2. in terms of balance of payments, what is included in the current account?

    1. balance of trade
    2. --------------------
    3. interest and dividends
    4. unilateral transfers
    • 1. balance of trade
    • 2. balance of goods and services
    • 3. interest and dividends
    • 4. unilateral transfers
  3. in terms of balance of payments, what is included in the current account?
    1. balance of trade
    2. balance of goods and services
    3. -------------------
    4. unilateral transfers
  4. 1. balance of trade
    • 2. balance of goods and services
    • 3. interest and dividends
    • 4. unilateral transfers
  5. in terms of balance of payments, what is included in the current account?

    1. balance of trade
    2. balance of goods and services
    3. interest and dividends
    4. ----------------------
    • 1. balance of trade
    • 2. balance of goods and services
    • 3. interest and dividends
    • 4. unilateral transfers
  6. in terms of balance of payments, what is included in the current account?

    1. ----------
    2. --------------------
    3. ----------------------
    4. -------------------
    • 1. balance of trade
    • 2. balance of goods and services
    • 3. interest and dividends
    • 4. unilateral transfers
  7. in terms of the current account, what does balance of trade mean?
    the difference between total imports and total exports of goods excluding services in the balance of trade.
  8. in terms of the current account, what does balance of balance of goods and services mean?
    the difference between total imports and total exports of goods including services in the balance of goods and services
  9. in terms of the current account, what does interest and dividends mean?
    total interest and dividends received within a country on investments outside of a country, offset by total interest and dividends paid outside a country on investments by foreign entities within a country.
  10. in terms of the current account, what does unilateral transfers mean?
    net unilateral transfer effect the deficit or surplus depending on whether the transfer is out or in.
  11. What is a capital account?
    the capital account tracks capital inflows resulting from the exchange of fixed of financial assets.
  12. in terms of a capital account, what does security sales mean?
    security sales are the purchase of domestic stocks and bonds by foreign entities or inflows of investment (credits)  increase foreign reserves.
  13. in terms of a capital account, what does security purchases mean?
    security purchases are purchases of foreign stocks and bonds by domestic entities or outflows of investment (debits) consume foreign reserves.

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