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?

ATransactions in goods and services

BTransactions in external assets and liabilities

CTransactions in large sums of money

DTransactions in stocks and shares.

Show Suggested Answer

Suggested Answer: C

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

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Arminda

9 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

9 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

8 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

8 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

8 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

8 months ago

A) Transactions in goods and services - that sounds like it would be included in the current account.

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Chantell

8 months ago

A) Transactions in goods and services - that sounds like it would be included in the current account.

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Stefan

9 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

8 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

8 months ago

D) Transactions in stocks and shares.

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Brittney

8 months ago

C) Transactions in large sums of money

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Jodi

8 months ago

B) Transactions in external assets and liabilities

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Virgilio

9 months ago

A) Transactions in goods and services

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Ashanti

9 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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