International Finance Flashcards
1
Q
What is the current account and capital account?
A
Current account= trade account and capital service account
Capital account= international transactions of assets.
1
Q
What is the balance of payments (BoP) comprised of?
A
Current account
Capital account
2
Q
Eqn for exchange rate
A
Canadian dollars/ foreign currency
3
Q
A
4
Q
A
5
Q
A
6
Q
A
7
Q
A
8
Q
A
9
Q
A
10
Q
A
10
Q
A
11
Q
A
12
Q
A
13
Q
A
