Question : 51) The sum of the balances of the three accounts : 1238313

 

51) The sum of the balances of the three accounts of the balance of payments (the current account, the capital and financial account, and the official settlements account) is

A) negative if there is a balance of trade deficit.

B) equal to zero.

C) positive if there is a balance of trade surplus.

D) negative if there is a balance of trade surplus or positive if there is a balance of trade deficit.

E) positive if there is a balance of trade surplus or negative if there is a balance of trade deficit.

52) There are three balance of payments accounts. The sum of the balances on these three accounts will equal

A) the total amount of the nation’s foreign borrowing.

B) the total amount of the nation’s foreign lending.

C) zero.

D) the total amount of the nation’s exports.

E) the total amount of the nation’s imports.

53) In 2014, in the United States the sum of the balance of all three of the balance of payments accounts was

A) zero.

B) slightly negative.

C) greatly negative.

D) slightly positive.

E) greatly positive.

54) The ________ always equals zero.

A) sum of current account plus capital and financial account

B) sum of current account plus official settlements account

C) sum of capital and financial account plus official settlements account

D) sum of current account plus capital and financial account plus official settlements account

E) official settlements account

55) When the U.S. current account has a deficit, international payments from the United States ________ U.S. international receipts. To cover the current account deficit, there must be a ________ in the combined capital and financial account and official settlements account.

A) are less than; surplus

B) exceed; surplus

C) are less than; deficit

D) equal; surplus

E) exceed; deficit

56) We know that among the current account, the capital and financial account, and the official settlements account that the

A) current account is always larger than the capital and financial and official settlements accounts combined.

B) current and capital and financial accounts sum to zero while the official settlements account must be greater than zero.

C) current account plus the capital and financial account plus the official settlements account must sum to zero.

D) current account plus the capital and financial account plus the official settlements account must sum to 100.

E) current account plus the capital and financial account equals zero.

57) The sum of the current account plus the capital and financial account plus the official settlements account equals

A) 100 percent.

B) U.S. official reserves.

C) zero.

D) government expenditures.

E) U.S. exports.

58) If the current account balance has a $70 million deficit and there was no change in official reserves during that year, then we know that

A) the balance of payments must register a $70 million surplus.

B) the capital and financial account balance must have a $70 million surplus.

C) the official settlements account balance must have a $70 million surplus.

D) net transfers were -$70 million.

E) the capital account balance must have a $70 million deficit.

59) If the U.S. capital and financial account balance has a $30 million surplus and there was no change in official reserves during that year, we know that

A) U.S. net foreign lending must equal $30 million.

B) the United States has a $30 million current account deficit.

C) the United States is a net lender.

D) U.S. official reserves have increased by $30 million.

E) the United States has a $30 million current account surplus.

60) If the current account balance is -$100 billion, the capital and financial account balance is $80 billion, then the official settlements account balance is

A) 0.

B) $180 billion.

C) $20 billion.

D) -$20 billion.

E) -$180 billion.

 

 

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more