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Which of the following headings would appear in the current account of a country's alance of payments? (2 marks)
Suggested Answer: A
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35 comments · newest first
MA
Marguerita
11 months ago
Totally agree with A, it covers the essentials!
KE
Kenda
11 months ago
Wait, are we sure about A? Seems too simple.
CH
Chauncey
12 months ago
A is the only correct answer here, the rest don’t belong.
FR
Frederic
12 months ago
I think B is also relevant, but not for the current account.
DA
Dalene
1 year ago
Definitely A! That's a classic current account item.
LU
Luis
1 year ago
I feel like transactions in stocks and shares wouldn't be in the current account, but I can't recall if large sums of money are included.
DA
Dalene
1 year ago
I'm a bit confused about what counts as "external assets and liabilities." Is that part of the current account or the capital account?
CA
Cathrine
1 year ago
I remember practicing a question like this, and I think option A is definitely correct. The others seem more related to the capital account.
LY
Lyndia
1 year ago
I think the current account includes transactions in goods and services, but I'm not entirely sure about the other options.
MA
Madalyn
1 year ago
Wait, what's the difference between the current account and the capital account again? I need to make sure I don't mix those up in my answer.
OR
Ora
1 year ago
Hmm, I'm a bit unsure about this one. The balance of payments can be tricky, with all the different accounts and transactions. I'll need to think this through carefully.
KI
Kimberely
1 year ago
This looks like a straightforward question on the components of a country's balance of payments. I'll focus on the key headings in the current account.
SA
Santos
1 year ago
Okay, I've got this. The current account includes transactions in goods and services, as well as external assets and liabilities. I'll select the two relevant options.
AL
Alfred
2 years 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.
CH
Chana
2 years ago
D? Stocks and shares? That's gotta be the investment account, not the current account. Nice try, but I'm picking A.
EL
Elly
2 years ago
So, we're both going with A) then. Good choice!
MA
Marsha
2 years ago
Definitely not D) Transactions in stocks and shares, that's for investments.
KA
Kattie
2 years ago
I agree, that sounds right. It's all about the trade balance.
AD
Adela
2 years ago
I think A) Transactions in goods and services would appear in the current account.
KA
Kathrine
2 years ago
C is just too vague. I'm gonna go with A, that seems like the most specific and accurate option.
VI
Virgina
2 years ago
Yeah, A makes the most sense for the current account of a country's balance of payments.
LA
Lajuana
2 years ago
I agree, A is more specific and related to the current account.
DE
Dean
2 years ago
I think A is the right answer too. It's about goods and services.
RO
Royce
2 years ago
I think B is the way to go. Doesn't the current account include external assets and liabilities?
MI
Micaela
2 years ago
I'm not sure, but I think B might be correct. It mentions external assets and liabilities.
WH
Whitney
2 years ago
I agree with Whitney. A sounds like the right choice.
HE
Hermila
2 years ago
I think A is the correct answer. It includes transactions in goods and services.
DE
Desmond
2 years ago
I'm not sure about that. I think it could also include 'Transactions in external assets and liabilities'.
GA
Gary
2 years ago
I agree with Fletcher. The current account includes trade in goods and services, so that makes sense.
CH
Chan
2 years ago
A has to be the correct answer. The current account tracks transactions in goods and services, right?
LA
Lauran
2 years ago
I agree, it provides valuable information for policymakers and analysts.
BA
Barney
2 years ago
Definitely, it helps to understand the economic health of a country.
RI
Rickie
2 years ago
That makes sense. It's important to keep track of those transactions.
VA
Valentine
2 years ago
Yes, A is the correct answer. The current account tracks transactions in goods and services.
FL
Fletcher
2 years ago
I think the heading 'Transactions in goods and services' would appear in the current account.