BlackFriday 2024! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIPS Exam A6 Topic 1 Question 49 Discussion

Actual exam question for CIPS's A6 exam
Question #: 49
Topic #: 1
[All A6 Questions]

Which of the following headings would appear in the current account of a country's balance of payments?

Show Suggested Answer Hide Answer
Suggested Answer: C

by Corrina at Apr 24, 2024, 06:44 AM

Limited Time Offer

25%

Off

Get Premium A6 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Arlene
5 months ago
I disagree, The question is specifically asking about the current account, so it's more likely to be A) Transactions in goods and services.
upvoted 0 times
...
Gladys
6 months ago
I believe it's B) Transactions in external assets and liabilities. Those are important for a country's balance of payments.
upvoted 0 times
...
Naomi
6 months ago
I agree with you, The current account includes trade in goods and services.
upvoted 0 times
...
Lemuel
6 months ago
I think the answer is A) Transactions in goods and services.
upvoted 0 times
...
Derick
7 months ago
Transactions in stocks and shares would also be part of the financial account, not the current account.
upvoted 0 times
...
Lonny
7 months ago
Got it. And D) Transactions in stocks and shares?
upvoted 0 times
...
Derick
7 months ago
Transactions in large sums of money are not a specific category in the balance of payments.
upvoted 0 times
...
Lonny
7 months ago
Oh, I see. What about C) Transactions in large sums of money?
upvoted 0 times
...
Derick
7 months ago
That's correct. Transactions in external assets and liabilities would be part of the financial account.
upvoted 0 times
...
Lonny
7 months ago
So that means B) Transactions in external assets and liabilities would not appear in the current account?
upvoted 0 times
...
Derick
7 months ago
A) Transactions in goods and services would appear in the current account.
upvoted 0 times
...

Save Cancel