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Matching Quiz
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Match the terms on the left with the definition in the column on the right


Match:
1


balance of payments

2


credit item

3


debit item

4


current account balance

5


capital account balance

6


official international reserve assets

7


net foreign investment

8


overall balance

9


official settlements balance

10


international investment position

A)an item for which the country must be paid.
B)the net value of flows of goods, services, income, and unilateral transfers
C)measures the sum of the current account balance plus the private capital account balance.
D)the net value of flows of financial assets and similar claims (excluding official international reserve flows).
E)moneylike assets that are held by governments and that are recognized by governments as fully acceptable for payments between them.
F)the set of accounts recording all flows of value between a nation’s residents and the residents of the rest of the world.
G)the increase in a country’s foreign financial assets minus the increase in the country’s foreign financial liabilities.
H)an item for which the country must pay.
I)a statement of the stocks of a nation’s international assets and foreign liabilities at a point in time.
J)should indicate whether a country’s balance of payments has achieved an overall pattern that is sustainable over time.







Pugel:International EconomicsOnline Learning Center

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