A. the value of trade in merchandise
B. services
C. unilateral transfers
D. All of the above
The current account includes ? Read More »
Economics Mcqs, The Balance of Payments A. capital outflow would cause the nation’s currency to depreciate contributing to a trade deficit
B. capital inflow would cause the nation’s currency to depreciate contributing to a trade deficit
C. capital inflow would cause the nation’s currency to appreciate contributing to a trade deficit
D. capital outflow would cause the nation’s currency to appreciate contributing to a trade deficit
A. investment inflows
B. merchandise exports
C. payments for American services to foreigners
D. private gives to foreign residents
All of the following are credit items in the balance of payments except ? Read More »
Economics Mcqs, The Balance of Payments A. insure that the sum of all debits matches the sum of all credits
B. insure that trade imports equals the value of trade exports
C. obtain an accurate account of a balance of payments deficit
D. obtain an accurate account of a balance of payments surplus
In the balance of payments the statistical discrepancy is used to ? Read More »
Economics Mcqs, The Balance of Payments A. involves receipts from foreigners
B. involves payments to foreigners
C. increases the domestic money supply
D. decreases the demand for foreign exchange
Credit (-) items in the balance of payments correspond to anything that ? Read More »
Economics Mcqs, The Balance of Payments A. larger savings pool available to finance domestic spending
B. higher interest rate which leads to lower domestic investment
C. loss of funds to trading partners overseas
D. decrease in its services exports to other countries
A country that is a net international debtor initially experiences a (an) ? Read More »
Economics Mcqs, The Balance of Payments A. debtor
B. creditor
C. spender
D. exporter
A. IMF decentralization; World Bank dissolution
B. new loans from multilateral agencies and surplus countries; debt reduction or write-downs
C. structural adjustment loans for LDCs experiencing unanticipated external shocks; renewed emphases on macroeconomic stabilization programs
D. debt relief for at leas three-fourths of the eligible HIPCs; shorter requirements for adjustment programs
A. The ratio of debt service to GNP is very good indicator of the debt burden
B. Many large LDC debtors borrowed heavily because of their excellent international credit ratings
C. Middle income countries account for almost four-fifths of the total outstanding debt of all LDCs
D. The debt-burden of sub Saharan African countries may be as heavy as for middle income countries
Which of the following statement is Not true ? Read More »
Economics Mcqs, The External Debt and Financial Crises A. Structural adjustment loans
B. sectoral adjustment loans
C. internal adjustment loans
D. external leverage loans
