Which of the following depicts an overall balance of payments position in deficit? a. When current account plus financial account equals zero. b. When inflow is greater than outflow c. When inflow is less than outflow d. When inflow and outflow are equal Which of the following statements is true? a. Wages received by Overseas Filipino Workers regardless of the length of their job contracts are always excluded in the country's balance of payments. b. Transactions made by foreigners living in the Philippines are not included in the country's balance of payments regardless of their length of stay. c. Investments made by residents of the Philippines to a company abroad that have a significant degree of influence on the management are no longer part of the country's balance of payments. d. Both a and c e. None of the above 0. Which of the following transactions is/are not included in the balance of payments? a. Residents of country A bought assets from a foreign company that has been operating inside the country for 10 years b. Expansion in export of commodities such as fruits and vegetables driven by the increase in demand from top export markets abroad c. The decline in residents' net investment in foreign portfolio assets d. All of the above e. None of the above
Which of the following depicts an overall balance of payments position in deficit? a. When current account plus financial account equals zero. b. When inflow is greater than outflow c. When inflow is less than outflow d. When inflow and outflow are equal Which of the following statements is true? a. Wages received by Overseas Filipino Workers regardless of the length of their job contracts are always excluded in the country's balance of payments. b. Transactions made by foreigners living in the Philippines are not included in the country's balance of payments regardless of their length of stay. c. Investments made by residents of the Philippines to a company abroad that have a significant degree of influence on the management are no longer part of the country's balance of payments. d. Both a and c e. None of the above 0. Which of the following transactions is/are not included in the balance of payments? a. Residents of country A bought assets from a foreign company that has been operating inside the country for 10 years b. Expansion in export of commodities such as fruits and vegetables driven by the increase in demand from top export markets abroad c. The decline in residents' net investment in foreign portfolio assets d. All of the above e. None of the above
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 44P: Imagine that the U.S. economy finds itself in the following situation: a government budget deficit...
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Transcribed Image Text:8. Which of the following depicts an overall balance of payments position in deficit?
a. When current account plus financial account equals zero.
b. When inflow is greater than outflow
c. When inflow is less than outflow
d. When inflow and outflow are equal
9. Which of the following statements is true?
a. Wages received by Overseas Filipino Workers regardless of the length of their job contracts are
always excluded in the country's balance of payments.
b. Transactions made by foreigners living in the Philippines are not included in the country's balance
of payments regardless of their length of stay.
c. Investments made by residents of the Philippines to a company abroad that have a significant
degree of influence on the management are no longer part of the country's balance of payments.
d. Both a and c
e. None of the above
10. Which of the following transactions is/are not included in the balance of payments?
a. Residents of country A bought assets from a foreign company that has been operating inside the
country for 10 years
b. Expansion in export of commodities such as fruits and vegetables driven by the increase in
demand from top export markets abroad
c. The decline in residents' net investment in foreign portfolio assets
d. All of the above
e. None of the above
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