Subsection 6.4. Current account of balance of payments for Economics, IGCSE - revisedeck

6.4. Current account of balance of payments

A subsection of Economics, 0455, through 6. International trade and globalisation

Listing 10 of 119 questions

The table shows details of India’s current account of the balance of payments in the 1st quarter of 2014. $ billion trade in goods balance –34 trade in services balance ?

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MCQ

2017

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What would cause a favourable change in the Indian trade in services account?

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MCQ

2018

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Which measure would a government take to reduce a current account deficit?

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MCQ

2019

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The table shows a country’s balance of payments that has no secondary income (current transfers). item $ million exports of goods imports of goods exports of services imports of services net primary income – 40 What is the country’s current account balance?

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MCQ

2019

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The table shows a selection of economic data for a country. $ m primary income (net income transfers) secondary income (net current transfers) –500 total value of exported goods total value of imported goods total value of exported services total value of imported services What is the current account balance of this country?

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MCQ

2020

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A country has a current account deficit on its balance of payments. Which measure is most likely to reduce the deficit?

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MCQ

2021

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A country experienced a deficit on each of its trade in goods, primary income and secondary income. Overall, it had a surplus on the current account of its balance of payments. What must this mean?

0455_m21_qp_12

MCQ

2021

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The table shows information from a country’s current account of its balance of payments. $ billion +5 –8 –8 exports of goods imports of goods net services net primary income net secondary income What is the country’s current account balance?

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MCQ

2023

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What is included in the primary income component on the current account of the balance of payments?

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MCQ

2024

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The diagrams show the composition of exports and imports of a country. goods 50 % services 50 % total exports $120 million goods 60 % services 40 % total imports $100 million Exports Imports What is true for this country?

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MCQ

2011

Paper 1, Variant 1

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Questions Discovered

119