CIPS Exam A6 Topic 3 Question 65 Discussion

Actual exam question for CIPS's A6 exam

Question #: 65
Topic #: 3

[All A6 Questions]

Which of the following headings would appear in the current account of a country's alance of payments? (2 marks)

ATransactions in goods and services

BTransactions in external assets and liabilities

CTransactions in large sums of money

DTransactions in stocks and shares

Show Suggested Answer

Suggested Answer: A

by Carli at Sep 15, 2024, 02:27 AM

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Alfred

10 months ago

I don't know, guys. This question seems a little too easy. Are they trying to trick us or something? I'm still gonna go with A though.

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Chana

10 months ago

D? Stocks and shares? That's gotta be the investment account, not the current account. Nice try, but I'm picking A.

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Elly

9 months ago

So, we're both going with A) then. Good choice!

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Marsha

10 months ago

Definitely not D) Transactions in stocks and shares, that's for investments.

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Kattie

10 months ago

I agree, that sounds right. It's all about the trade balance.

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Adela

10 months ago

I think A) Transactions in goods and services would appear in the current account.

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Kathrine

11 months ago

C is just too vague. I'm gonna go with A, that seems like the most specific and accurate option.

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Virgina

10 months ago

Yeah, A makes the most sense for the current account of a country's balance of payments.

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Lajuana

10 months ago

I agree, A is more specific and related to the current account.

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Dean

10 months ago

I think A is the right answer too. It's about goods and services.

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Royce

11 months ago

I think B is the way to go. Doesn't the current account include external assets and liabilities?

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Micaela

10 months ago

I'm not sure, but I think B might be correct. It mentions external assets and liabilities.

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Whitney

10 months ago

I agree with Whitney. A sounds like the right choice.

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Hermila

10 months ago

I think A is the correct answer. It includes transactions in goods and services.

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Desmond

11 months ago

I'm not sure about that. I think it could also include 'Transactions in external assets and liabilities'.

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Gary

11 months ago

I agree with Fletcher. The current account includes trade in goods and services, so that makes sense.

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Chan

12 months ago

A has to be the correct answer. The current account tracks transactions in goods and services, right?

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Lauran

11 months ago

I agree, it provides valuable information for policymakers and analysts.

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Barney

11 months ago

Definitely, it helps to understand the economic health of a country.

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Rickie

11 months ago

That makes sense. It's important to keep track of those transactions.

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Valentine

11 months ago

Yes, A is the correct answer. The current account tracks transactions in goods and services.

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Fletcher

12 months ago

I think the heading 'Transactions in goods and services' would appear in the current account.

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