Current Account Of The Balance Of Payments
Gbogbo ọrọ náà
Every country keeps a record of its dealings with the rest of the world: what it sells abroad, what it buys in, the income it earns overseas and the gifts and aid that flow back and forth. The current account of the balance of payments is the heart of that record, and whether it runs a surplus or a deficit tells you a great deal about a country's place in the world economy.
In this lesson you will learn the four components of the current account, calculate deficits and surpluses, understand why they arise, and trace their impact on GDP, employment, inflation and the exchange rate. You will also evaluate the policies a government can use to keep the account stable.
Ebumnobi
- components of the current account of the balance of payments: – trade in goods – trade in services – primary income – secondary income
- calculation of deficits and surpluses on the current account of the balance of payments and its component sections
- reasons for current account deficits and surpluses
- impact on GDP, employment, inflation and foreign exchange rate
- the range of policies available to achieve balance of payments stability and their effectiveness.
Akọmọ Ojú-ẹkọ
Ọ dị na ngwa Green Bridge
Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.
Ayẹwo Ẹkọ
Ekele diri gi maka imecha ihe karịrị na Current Account Of The Balance Of Payments. Ugbu a na ị na-enyochakwa isi echiche na echiche ndị dị mkpa, ọ bụ oge iji nwalee ihe ị ma. Ngwa a na-enye ụdị ajụjụ ọmụmụ dị iche iche emebere iji kwado nghọta gị wee nyere gị aka ịmata otú ị ghọtara ihe ndị a kụziri.
Ị ga-ahụ ngwakọta nke ụdị ajụjụ dị iche iche, gụnyere ajụjụ chọrọ ịhọrọ otu n’ime ọtụtụ azịza, ajụjụ chọrọ mkpirisi azịza, na ajụjụ ede ede. A na-arụpụta ajụjụ ọ bụla nke ọma iji nwalee akụkụ dị iche iche nke ihe ọmụma gị na nkà nke ịtụgharị uche.
Jiri akụkụ a nke nyocha ka ohere iji kụziere ihe ị matara banyere isiokwu ahụ ma chọpụta ebe ọ bụla ị nwere ike ịchọ ọmụmụ ihe ọzọ. Ekwela ka nsogbu ọ bụla ị na-eche ihu mee ka ị daa mba; kama, lee ha anya dị ka ohere maka ịzụlite onwe gị na imeziwanye.
- Which of the following is part of the trade in services on the current account? A. exports of cars B. earnings from foreign tourists C. imports of oil D. foreign aid sent abroad Answer: B
- The four components of the current account are trade in goods, trade in services, and: A. primary and secondary income B. the capital and financial accounts C. tariffs and quotas D. exports and imports only Answer: A
- A country records goods -$30bn, services +$10bn, primary income +$4bn, secondary income -$4bn. The current account is: A. a surplus of $20bn B. a deficit of $20bn C. balanced D. a deficit of $48bn Answer: B
- A current account deficit is most likely to cause the exchange rate to: A. rise B. fall C. stay fixed D. become zero Answer: B
- Foreign aid sent to another country is recorded under: A. trade in goods B. trade in services C. primary income D. secondary income Answer: D
Ọ dị na ngwa Green Bridge
Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.
Ọ dị na ngwa Green Bridge
Budata ngwa Green Bridge CBT na ekwentị maọbụ kọmputa gị iji nweta akwụkwọ ndụmọdụ zuru oke, ajụjụ mmụta, na ndị ọzọ.
Àwọn Ìwé Tó Dáa Láti Kà
Meecha Ajụjụ Ule Ọmarịcha
Ị chọrọ ime ajụjụ ule ọmarịcha gbasara Current Account Of The Balance Of Payments? Budata ngwa Green Bridge CBT iji nweta ajụjụ ule ọmarịcha na nyocha zuru ezu gbasara isiokwu a.
Dawunlodi Ẹpp naa lori Google Playstore.
Ihe nile ichoro iji nwee ihe ịga nke ọma na JAMB, WAEC & NECO.
