DP Economics Questionbank

List two components of the financial account (paragraph [4]).

Calculate the current account balance from the data given in Table 1.

Using examples from Table 1, outline the difference between debit items and credit items in the balance of payments.

Define the term current account indicated in bold in the text (paragraph [1]).

Define the term current account indicated in bold in the text (paragraph 1).

Using the data in Table 1, calculate Alpha’s current account balance for 2016.

Using the information in Table 5, calculate the financial account balance.

Calculate the value of V (exports of services) for Urbania in 2017.

Using your answer to part (g)(i), calculate the value of W (reserve assets) in Table 5.

Using your answer to part (g)(ii), describe how the level of reserve assets in Urbania changed by the end of 2017.

Define the term current account indicated in bold in the text (paragraph [6]).

Explain the difference between a current account deficit and a budget deficit (paragraph [5]).

Determine the size of Gardia’s current account surplus/deficit when the sum of the financial and capital accounts is US$ 2 billion.

State two factors that could cause Gardia’s current account to be in deficit, even though its balance of trade in goods is in surplus.