Practise balance of payments, exchange-rate systems, development measures, population, aid, investment, globalisation and international institutions through data and evaluation.
Which statement about the components of the balance of payments is correct?
The current account consists of transactions in goods, services, investment income and remittances between countries.
The current account consists of transactions in goods, services, and portfolio investment between countries.
The financial account consists of transactions in financial assets, investment income and remittances between countries.
The financial account consists of transactions in fixed assets, investment income and the balancing item between countries.
A
What is a trade-weighted exchange rate?
the price of one currency against a basket of other currencies
the price of one currency in terms of another
the price of one currency in terms of its real purchasing power
the price of one currency being determined by state intervention
A
Which country is likely to be the most highly developed?
Gini coefficient
death rate
relative size of
tertiary sector
high
high
high
low
low
low
low
low
high
low
high
low
C
What is least likely to lead to an increase in optimum population?
an improvement in labour productivity
an improvement in the quality of capital and technology
an increase in birth rate and a fall in death rate
an increase in the availability of natural resources
C