首页
登录
职称英语
The balance of payments is a statistical record of all the economic transact
The balance of payments is a statistical record of all the economic transact
游客
2025-06-20
27
管理
问题
The balance of payments is a statistical record of all the economic transaction between residents of the reporting country and residents of the rest of the world during a given time period. The usual reporting period for all the statistics included in the accounts is a year. A good or bad set of figures can have an influential effect on the exchange rate and can lead policy makers to change the content of their economic policies. Deficits may lead to the government raising interest rate or reducing public expenditure to reduce imports. Alternatively, deficits may lead to calls for protection against foreign imports or capital controls to defend the exchange rate.
A key definition that needs to be resolved at the outset is that of a domestic and foreign resident. It is important to note that citizenship and residency are not necessarily the same thing from the viewpoint of the balance of payments statistics. The term residents comprises individuals, households, firms and the public authorities. There are some problems that arise with respect to the definition of a resident. Multinational corporations are by definition resident in more than one country. For the purposes of balance-of-payments reporting, the subsidiaries of a multinational are treated as being a resident in the country in which they are located even if their shares are actually owned by domestic residents. Another problem concerns the treatment of international organizations such as the International Monetary Fund, the World Bank and the United Nations. These institutions are treated as being foreign residents even though they may actually be located in the reporting country. For example although the International Monetary Fund is located in Washington, contributions by the US government to the Fund are included in the US balance-of-payments statistics because they are regarded as transactions with a foreign resident. Tourists are regarded as being foreign residents if they stay in the reporting country for less than one year.
The criterion for a transaction to be included in the balance of payments is that it must involve a transaction between a resident of the reporting country and a resident from the rest of the world. Purchases and sales between residents from the same country are excluded. [br] Which of the following statement is true?
选项
A、Deficit may lead government to reduce interest rate.
B、Deficit may lead government to raise expenditure on imports.
C、Surplus may lead government to stimulate imports from foreign countries.
D、Surplus may lead government to reduce expenditure on imports.
答案
C
解析
文章第一段最后一句提到Alternatively,deficits may lead to…to defend the exchange rate。
转载请注明原文地址:http://tihaiku.com/zcyy/4126447.html
相关试题推荐
Inaletterofcredittransaction,thebankpaystheselleragainst______whicha
Internationalpaymentsandothermessagesareoftensentthroughaninternationa
SupposethataBrazilianfirmimportsJapanesemicrochips.Thetransactionwill
AspotexchangetransactioninvolvingtheCanadiandollartradedagainsttheU.S
Whichofthefollowingisnottrueofresources?______.A、Theyareeconomiceleme
Afixedassetregisterhadabalanceof$125000.Afixedasset,whichhadcost
Assetsaretheeconomicresourcesofthebusinessthatcanbeusefullyexpre
Assetsaretheeconomicresourcesofthebusinessthatcanbeusefullyexpre
Thereportingofbalanceofpaymentsstatisticscoversalleconomictransactions
Theforwardmarketalsoprovidesfacilitiesforforwardcurrencytransaction
随机试题
MarianneHardwickwastimidandunadventurous,hervitalityconsumedbyphys
在面向对象数据库系统中,要求面向对象数据库系统应该具有表达和管理对象的能力,也就
如何理解教学为个人全面发展提供科学的基础和实践
__________、__________是幼儿园一日活动组织规范的基本特
证券公司被责令停业整顿、被依法指定托管、接管或者清算期间,或者出现重大风险时,对
何时做头部CT检查诊断脑梗死阳性率较高A.发病6小时以后 B.发病12小时以后
免疫电泳适宜于A.蛋白质定量B.蛋白组分分析C.蛋白质纯化D.蛋白质相对分子质量
该企业安排下年度的、季度生产任务应该依据()制定。A.查定生产能力 B.计划生
在药品生产过程中,为防止污染和交叉污染,可采取的措施有A.在分隔的区域内生产不同
汽轮机本体主要由静止和转动两部分组成,其中属于静止部分的是()。A.主轴
最新回复
(
0
)