19. In balance-of-payments accounting, the sale of a foreign production facility by a SA firm is a item in the SA balance of payments; the deposit of funds in a foreign bank account by a SA citizen item in the SA balance of payments. A Debit; also is a debit B Debit; is a credit C Credit; is a debit D Credit; also is a credit

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Chapter20: International Finance
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19. In balance-of-payments accounting, the sale of a foreign production facility by a SA firm is a
item in the SA balance of payments; the deposit of funds in a foreign bank account by a SA citizen
item in the SA balance of payments.
A Debit; also is a debit
B Debit; is a credit
C Credit; is a debit
D Credit; also is a credit
20. The table below shows a section of the national accounts for a small country in 2018. Answer the
question that follows using the information provided in the table.
9 800
Consumption expenditure
Government expenditure
3 500
Depreciation
Exports
Imports
Gross capital formation (investment)
500
2 200
1 900
2 500
Primary income payments
Primary income receipts
300
200
The value of Gross Domestic Product (GDP) is:
A
16 100
В
19 900
16 600
D
15 600
21. To calculate gross national income (GNI) from gross domestic product (GDP),
must be added and
must be subtracted from GDP.
A Primary income payments; primary income receipts
B Primary income receipts; primary income payments
C Subsidies for local production; tariffs on production from the rest of the world
Taxes from the rest of the world; subsidies received from the rest of the world
Transcribed Image Text:19. In balance-of-payments accounting, the sale of a foreign production facility by a SA firm is a item in the SA balance of payments; the deposit of funds in a foreign bank account by a SA citizen item in the SA balance of payments. A Debit; also is a debit B Debit; is a credit C Credit; is a debit D Credit; also is a credit 20. The table below shows a section of the national accounts for a small country in 2018. Answer the question that follows using the information provided in the table. 9 800 Consumption expenditure Government expenditure 3 500 Depreciation Exports Imports Gross capital formation (investment) 500 2 200 1 900 2 500 Primary income payments Primary income receipts 300 200 The value of Gross Domestic Product (GDP) is: A 16 100 В 19 900 16 600 D 15 600 21. To calculate gross national income (GNI) from gross domestic product (GDP), must be added and must be subtracted from GDP. A Primary income payments; primary income receipts B Primary income receipts; primary income payments C Subsidies for local production; tariffs on production from the rest of the world Taxes from the rest of the world; subsidies received from the rest of the world
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