_______ is needed to balancell the balance of payments statements?

Related Mcqs:

1. Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium economic theory suggests that the nation’s balance of payments would move into a surplus position if there occurred in the nation a (an) ?

   A. increase in the money demand B. decrease in the money demand C. increase in the money demand D. None of the above...

2. Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a (an) ?

   A. decrease in the money supply B. increase in the money supply C. decrease in the money demand D. None of the above...

3. If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______?

   A. rise; falls; rise; deficit B. falls; rises; falls; surplus C. falls; falls; falls; surplus D. is static; low; rises; deficit...

4. The difference between a country’s balance of payments and its balance of international indebtedness?

   A. is equal to official reserve transactions B. occurs because of foreign exchange fluctuations C. reflects statistical discrepancies D. reflects the difference between flow and stock concepts...

5. Which fixed exchange rates and no private capital flows, to correct a balance of payments deficit, the central bank will _______ and ________ ?

   A. buy foreign exchange, sell domestic currency B. sell foreign exchange buy domestic currency C. buy foreign exchange buy domestic currency D. sell foreign exchange sell domestic currency...

6. Credit (-) items in the balance of payments correspond to anything that ?

   A. involves receipts from foreigners B. involves payments to foreigners C. increases the domestic money supply D. decreases the demand for foreign exchange...

7. Debit entries on the balance of payments are the entries that would ?

   A. mean a loss of foreign exchange B. bring foreign exchange into the country C. indicate a surplus exist D. exist at the bottom line after all accounts are totaled...

8. Credit (+) items in the balance of payments correspond to anything that ?

   A. involves receipts from foreigners B. involves payments to foreigners C. increases the domestic money supply D. decreases the demand for foreign exchange...

9. When all of the debit or credit items in the balance of payments are combined ?

   A. merchandise imports equal merchandise exports B. capital imports equal capital exports C. services exports equal services imports D. the total surplus or deficit equals zero...

10. In the balance of payments travels and tourism are included in the category of ?

    A. unilateral transfers B. capital account C. merchandise account D. services account...