Structure of the current account of the balance of payments

?
  • Created by: Jade
  • Created on: 13-12-12 11:42
Records the earnings from exports and the expenditure on imports of goods.
Trade in goods
1 of 7
In the recent years, the UK has had a ____ in trade in goods.
Deficit
2 of 7
What is another term for trade in services?
Invisible balance
3 of 7
Since 1966, the UK has recorded a _____in trade in services
Surplus
4 of 7
Income covers largely ______ income.
Investment
5 of 7
Capital and financial accounts show?
The movement of direct investment
6 of 7
The purchase of shares and bank loans between the country and abroad. Is an example of?
Capital and financial accounts
7 of 7

Other cards in this set

Card 2

Front

In the recent years, the UK has had a ____ in trade in goods.

Back

Deficit

Card 3

Front

What is another term for trade in services?

Back

Preview of the front of card 3

Card 4

Front

Since 1966, the UK has recorded a _____in trade in services

Back

Preview of the front of card 4

Card 5

Front

Income covers largely ______ income.

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »See all Macroeconomic indicators resources »