Balance of Payments

Quiz by
Airx341
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Last updated: July 20, 2024
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First submittedJuly 17, 2024
Times taken18
Average score54.5%
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Hint
Answer
Current Account
N/A
Item 1
Export of goods
Item 2
Import of Goods
Balance of Trade in Goods (Item 1 + 2)
N/A
Item 3
Export of services
Item 4
Import of services
Balance of Trade in Services (Item 3 + 4)
N/A
Item 5
Income
Item 6
Current Transfers
Balance on Current Account (Item 1 +2 + 3 + 4 + 5 + 6)
N/A
Capital Account
N/A
Item 7
Capital transfers
Item 8
Transaction in produced, non-financial assets
Balance on Capital Account (items 7 + 8)
N/A
Financial Account
N/A
Item 9
Foreign direct investment
Item 10
Portfolio investment
Item 11
Reserve assets
Item 12
Official borrowing
Balance on Financial Account ( Items 9 + 10 + 11 + 12)
N/A
Balance (sum of all items)
zero
Relation used to calculate
CA = FA + KA
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