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Q.3.1 Each of the transactions indicated South Africa's Balance of Payment account on the balance of paymen

Q.3.1 Each of the transactions indicated South Africa's Balance of Payment account on the balance of paymen

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question 3 These questions require application of economic theory. Answer ALL the questions. Q.3.1 Each of the transactions indicated in Q.3.1.1 to Q.3.1.5 must be entered into South Africa's Balance of Payments. Identify which main account and which sub- account on the balance of payments is applicable for each transaction. Q.3.1.1 Mr Mabane, a South African citizen, purchases the shares of a public company listed on the London Stock Exchange. Q.3.1.2 The earnings of a South African doctor working in a hospital in Uganda. Q.3.1.3 Dutch tourists visit Cape Town and stay in the Vineyard Hotel in Newlands. Q.3.1.4 South African citizens raise funds and send a donation to Somalian refugees in Kenya. Q.3.1.5 A Chinese company purchases and operates a factory in Gauteng.
Transcribed Image Text:Question 3 These questions require application of economic theory. Answer ALL the questions. Q.3.1 Each of the transactions indicated in Q.3.1.1 to Q.3.1.5 must be entered into South Africa's Balance of Payments. Identify which main account and which sub- account on the balance of payments is applicable for each transaction. Q.3.1.1 Mr Mabane, a South African citizen, purchases the shares of a public company listed on the London Stock Exchange. Q.3.1.2 The earnings of a South African doctor working in a hospital in Uganda. Q.3.1.3 Dutch tourists visit Cape Town and stay in the Vineyard Hotel in Newlands. Q.3.1.4 South African citizens raise funds and send a donation to Somalian refugees in Kenya. Q.3.1.5 A Chinese company purchases and operates a factory in Gauteng.
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