Q1. Which of the following statements regarding the balance of payments accounts is most accurate? A) The total of the balance of payments accounts does not have to equal zero. B) Running a deficit in the current account balance means a country imports more than it exports. C) A current account surplus is an indication of economic strength.
Q2. In balance of payments accounting, the net inflow of debt and equity investment funds into the country appears in the: A) financial account. B) official reserve account. C) current account.
Q3. If a nation is running a deficit in the current account, the sum of the financial account and the official reserve account must be: A) negative. B) zero. C) positive.
Q4. Under a system of flexible exchange rates, a nation that has a surplus on current account transactions will experience a: A) surplus on its financial accounts transactions. B) deficit on its financial accounts transactions. C) deficit on its balance of payments.
Q5. Which of the following statements is most accurate for a country with a current account surplus? The current account surplus must be: A) exactly offset by a deficit in the sum of the financial and official reserve accounts. B) exactly offset by a deficit in the financial account. C) accompanied by surpluses in the financial and official reserve accounts.
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发表于 2009-1-13 14:07
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