CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 62 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 62
Topic #: 1

[All CIMAPRA17-BA1-1 Questions]

Which ONE of the following would appear as a debit item on a country's balance of payments current account?

AOverseas investment by a domestic multinational company

BExpenditure in the country by an overseas visitor

CA flow of company profits to the parent company based in another country

DPayment by an overseas company for services provided in the country

Show Suggested Answer

Suggested Answer: C

by Harrison at Dec 12, 2022, 09:51 PM

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3 days ago

I'm not sure, but I think it could also be C, as flow of company profits to another country would also be a debit item.

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9 days ago

I agree with Antonio, because payment for services provided in the country would be a debit item.

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14 days ago

I think the answer is D.

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