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单选题 If a US firm exports $7,000 of goods which are to be paid for within six months, using a double-entry bookkeeping system, what entries should be made in the US balance of payments
学科：国际经济学（双语）2021
时间：2023-06-13 04:09:37
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题目1单选题
If a US firm exports $7,000 of goods which are to be paid for within six months, using a double-entry bookkeeping system, what entries should be made in the US balance of paymentsA. Goods export – credit of $7,000; Capital outflow – debit of $7,000B. Accounts Receivable – debit of $7,000; Inventory – credit of $7,000C. Goods export – debit of $7,000; Capital outflow – credit of $7,000D. Accounts Receivable – credit of $7,000; Inventory – debit of $7,000
题目2单选题
If a US resident were to visit Japan and spend $500 on food and shelter, what entries would be made into the US balance of paymentsA. Travel services – credit of $500; Capital inflow – debit of $500B. Accounts Payable – debit of $500; Goods imports – credit of $500C. Travel services – debit of $500; Capital inflow – credit of $500D. Accounts Payable – credit of $500; Inventory – debit of $500
题目3单选题
If the US government gives a US bank balance of $900 to the government of Argentina as aid, what entries would be made in the US balance of paymentsA. Goodwill – credit of $900; Cash – debit of $900B. Unilateral transfers made – debit of $900; Capital inflow – credit of $900C. Goodwill – debit of $900; Cash – credit of $900D. Unilateral transfers made – credit of $900; Capital inflow – debit of $900
题目4单选题
If a US resident purchases a foreign stock for $750 and pays for it by increasing foreign bank balances in the US, what entries would be made in the US balance of paymentsA. Common stock – credit of $900; Cash – debit of $900B. Capital outflow – credit of $900; Capital inflow – debit of $900C. Common stock – debit of $900; Cash – credit of $900D. Capital outflow – debit of $900; Capital inflow – credit of $900
题目5单选题
If a foreign investor purchases $800 of US treasury bills and pays by drawing down his bank balances in the US by an equal amount, what would the entries be in the US balance of paymentsA. Treasury stock – credit of $800; Cash – debit of $800B. Capital outflow – credit of $800; Capital inflow – debit of $800C. Treasury stock – debit of $800; Cash – credit of $800D. Capital inflow – credit of $800; Capital outflow – debit of $800
题目6单选题
Which of the following is not included in the current accountA. Currently produced goods and servicesB. Income on foreign investmentsC. Unilateral transfersD. Direct Foreign Investment
题目7单选题
Which of the following is an example of a deficit in the balance of paymentsA. The excess of debits over credits in the current and financial accountsB. The excess of credits over debits in the current accountC. The excess of credits over debits in the financial accountD. Both b & c
题目8单选题
Which of the following is an example of a surplus in the balance of paymentsA. The excess of debits over credits in the current and financial accountsB. The excess of credits over debits in the current accountC. The excess of credits over debits in the capital accountD. Both B & C
题目9单选题
The balance of payments is the sum of which of the followingA. Current account balanceB. Current account balance + financial account balanceC. Current account balance + financial account balance + statistical discrepancyD. None of the above
题目10单选题
____________ are balance of payments transactions involving the receipt of payments from foreignersA. Debit transactionsB. Credit transactionsC. Accommodating transactionsD. Autonomous transactions
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