9. International Economics

Balance Payments — Quiz

Test your understanding of balance payments with 5 practice questions.

Read the lesson first

Practice Questions

Question 1

Which of the following would lead to a debit entry in the current account?

Question 2

What is the relationship between a country's current account and its financial account (which includes the capital account in some classifications)?

Question 3

If a country's current account is in surplus, what does this generally imply about its national savings and investment?

Question 4

Which of the following transactions would be classified under primary income in the current account?

Question 5

A country experiences a large and persistent current account deficit. What is a potential long-term consequence for its external debt?