CSEC Economics · May/June 2014 · Paper 2 · Question 6(a)
List THREE examples of transfers found in the current account section of the balance of payments.
The mark scheme is shown once you've answered.
Practise this questionOther parts of this question
- 6(b)(i)Define the term 'investment income' as it relates to a country's balance of payments account.[2 marks]
- 6(b)(ii)Define the term 'balance of payments disequilibrium'.[2 marks]
- 6(c)Explain TWO ways in which increases in the exchange rate of a country can affect the balance of payments account.[8 marks]
- 6(d)Calculate the current account balance for Country Z using the information provided in Table 4.[5 marks]
More practice: the rest of this paper · more Balance of Payments and Exchange Rates questions · all CSEC Economics past papers