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?

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 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

Naomi

1 days ago

I agree with you, The current account includes trade in goods and services.

upvoted 0 times

...

Lemuel

2 days ago

I think the answer is A) Transactions in goods and services.

upvoted 0 times

...

Derick

11 days ago

Transactions in stocks and shares would also be part of the financial account, not the current account.

upvoted 0 times

...

Lonny

12 days ago

Got it. And D) Transactions in stocks and shares?

upvoted 0 times

...

Derick

13 days ago

Transactions in large sums of money are not a specific category in the balance of payments.

upvoted 0 times

...

Lonny

14 days ago

Oh, I see. What about C) Transactions in large sums of money?

upvoted 0 times

...

Derick

15 days ago

That's correct. Transactions in external assets and liabilities would be part of the financial account.

upvoted 0 times

...

Lonny

16 days ago

So that means B) Transactions in external assets and liabilities would not appear in the current account?

upvoted 0 times

...

Derick

17 days ago

A) Transactions in goods and services would appear in the current account.

upvoted 0 times

...