What does the balance of trade (BOT) measure?
Which of the following is part of the balance of payments (BOP)?
A country has a trade surplus when its...
Which account records all transactions related to goods, services, and income?
What is the balance of payments (BOP)?
Which of the following is included in the capital account of the BOP?
Which account reflects changes in a country’s foreign exchange reserves?
A balance of payments deficit indicates that...
The invisible balance in the BOP refers to...
Which of the following transactions affects the capital account?
A balance of payments surplus suggests...
The balance of trade is a component of which account?
What happens when a country has a trade deficit?
Which account in the BOP includes remittances?
The term "unilateral transfers" in the BOP refers to...
A country with a persistent trade deficit may face...
Which of the following is an example of a current account transaction?
The financial account in the BOP records...
The balance of trade does not include...
Which of the following affects the capital account but not the current account?
The difference between balance of trade and balance of payments is that...
An increase in remittance inflows affects which account?
A capital account surplus indicates...
A balance of trade surplus implies...
If a country borrows from international markets, it affects which account?
The term "autonomous transactions" in the BOP refers to...
Which of the following is part of the financial account?
A country’s foreign exchange reserves increase when...
The balance of payments is always...
Foreign aid received by a country is part of which account?
A decrease in exports directly affects...
Which of the following is not a component of the BOP?