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NEW QUESTION: 1
Which of the following transactions belong to the current account?
I). Unrequited transfers.
II). Purchase of a foreign company.
III). Income from foreign investments.
A. I and III.
B. II and III.
C. I, II and III.
Answer: A
Explanation:
The current account consists of trade and services balance, net income from all foreign investments and unrequited transfers.
NEW QUESTION: 2
A surplus on the current account of the balance of payments can be financed by
A. A surplus on the government budget.
B. Lending abroad on the capital account.
C. An inflow of capital on the capital account.
D. A fall in the foreign exchange reserves
Answer: B
NEW QUESTION: 3
The following description which is correct? Access network upgrade can be used to load the file transfer FTP, TFTP, or SFTP mode, FTP mode is recommended.
A. True
B. False
Answer: A
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