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CIPS Exam A6 Topic 1 Question 56 Discussion

Actual exam question for CIPS's A6 exam
Question #: 56
Topic #: 1
[All A6 Questions]

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

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Suggested Answer: C

by Lai at Jul 07, 2024, 01:24 AM

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Arminda
6 months ago
C) Transactions in large sums of money - haha, nice try, but the current account is way more than just big bucks moving around.
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Willis
7 months ago
B) Transactions in external assets and liabilities - that's gotta be it, the current account is all about the country's international investments, right?
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Desmond
6 months ago
D) Transactions in stocks and shares - I don't think that would be included in the current account, it's more about financial investments.
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Denna
6 months ago
B) Transactions in external assets and liabilities - yes, that's correct. It includes the country's international investments.
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Tambra
6 months ago
B) Transactions in external assets and liabilities - yes, that's correct! The current account includes transactions related to international investments.
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Shayne
6 months ago
A) Transactions in goods and services - that sounds like it would be included in the current account.
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Chantell
6 months ago
A) Transactions in goods and services - that sounds like it would be included in the current account.
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Stefan
7 months ago
A) Transactions in goods and services - that's the correct answer, it's the core of the current account.
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Pedro
5 months ago
A) Transactions in goods and services - that's the correct answer, it's the core of the current account.
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Reena
5 months ago
D) Transactions in stocks and shares.
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Brittney
6 months ago
C) Transactions in large sums of money
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Jodi
6 months ago
B) Transactions in external assets and liabilities
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Virgilio
7 months ago
A) Transactions in goods and services
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Ashanti
7 months ago
I think 'Transactions in large sums of money' would not be included in the current account, as it is too vague and not specific to goods and services.
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Renea
7 months ago
I believe 'Transactions in external assets and liabilities' would also be included, as they are important for the current account balance.
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Lashaunda
7 months ago
I agree with Portia, as goods and services are typically included in the current account.
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Portia
8 months ago
I think the heading 'Transactions in goods and services' would appear in the current account.
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