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

A government decides to reduce the size of the quota on a good. What is likely to happen?

0455_s07_qp_1

MCQ

2007

Paper 1, Variant 0

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There was an increase in the value of the United States (US) dollar against the South African Rand. What is a result of this?

0455_s10_qp_11

MCQ

2010

Paper 1, Variant 1

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There was an increase in the value of the United States (US) dollar against the South African Rand. What is a result of this?

0455_s10_qp_12

MCQ

2010

Paper 1, Variant 2

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In 2015, the value of the South African currency (the rand) depreciated against the US dollar. What effect did this have on the US economy?

0455_s18_qp_12

MCQ

2018

Paper 1, Variant 2

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Changes in the foreign exchange rate of a country resulted in a depreciation of its currency. What is not likely to happen?

0455_s19_qp_13

MCQ

2019

Paper 1, Variant 3

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An economy with a floating exchange rate experiences an increased deficit on the current account of the balance of payments. What will result from this?

0455_s20_qp_13

MCQ

2020

Paper 1, Variant 3

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A government removed the quota on goods imported into the country. What is the most likely result of this?

0455_s22_qp_11

MCQ

2022

Paper 1, Variant 1

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What is most likely to result from a reduction in the value of a country’s currency if there are no other changes in the economy?

0455_s22_qp_12

MCQ

2022

Paper 1, Variant 2

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In some Asian countries the cost of labour is lower than in developed countries. As a result they manufacture and export clothes to Europe, where the demand for clothes is high. The quality of these clothes, however, is not as good as some of the clothes produced in Europe. What is likely to happen in the Asian countries and to the total expenditure on clothes in Europe?

0455_w12_qp_11

MCQ

2012

Paper 1, Variant 1

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In some Asian countries the cost of labour is lower than in developed countries. As a result they manufacture and export clothes to Europe, where the demand for clothes is high. The quality of these clothes, however, is not as good as some of the clothes produced in Europe. What is likely to happen in the Asian countries and to the total expenditure on clothes in Europe?

0455_w12_qp_12

MCQ

2012

Paper 1, Variant 2

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Questions Discovered

119