Question 3 These questions require application of economic theory. Answer ALL the questions. Q.3.1 Each of the transactions indicated in Q.3.1.1 to Q.3.1.5 must be entered into South Africa's Balance of Payments. Identify which main account and which sub- account on the balance of payments is applicable for each transaction. Q.3.1.1 Mr Mabane, a South African citizen, purchases the shares of a public company listed on the London Stock Exchange. Q.3.1.2 The earnings of a South African doctor working in a hospital in Uganda. Q.3.1.3 Dutch tourists visit Cape Town and stay in the Vineyard Hotel in Newlands.

Question 3 These questions require application of economic theory. Answer ALL the questions. Q.3.1 Each of the transactions indicated in Q.3.1.1 to Q.3.1.5 must be entered into South Africa's Balance of Payments. Identify which main account and which sub- account on the balance of payments is applicable for each transaction. Q.3.1.1 Mr Mabane, a South African citizen, purchases the shares of a public company listed on the London Stock Exchange. Q.3.1.2 The earnings of a South African doctor working in a hospital in Uganda. Q.3.1.3 Dutch tourists visit Cape Town and stay in the Vineyard Hotel in Newlands.

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter14: A Macroeconomic Theory Of The Open Economy

Section: Chapter Questions

Problem 1CQQ

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