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ECS3703 Assignment 1 (QUIZ) Semester 1 2023

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ECS3703 Assignment 1 (QUIZ) Semester 1 2023 ECS3703 Assignment 1 (QUIZ) Semester 1 2023 ECS3703 Assignment 1 (QUIZ) Semester 1 2023

Institution
University Of South Africa
Course
ECS3703 - International Finance

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ECS3703 Assignment 1
(QUIZ) Semester 1 2023


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, 1.11 Which of the following statements is/are correct?

The current account of the South African balance of payments records…

(a) trade in physical goods only.

(b) exchanges of international asset claims.

(c) trade credit.

[1] Only a

[2] Only b

[3] a and b

[4] a, b and c

[5] None of the statements are correct.



The trade account comprises trade in physical goods.

REFER TO PAGE 5 OF THE STUDY GUIDE.




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