QUESTION 3 (10 MARKS) The Balance of Payments (BOP) can be formally defined as the statistical record of a country's international transactions over a certain period of time presented in the form of double entry bookkeeping. a) Name transactions recorded in the capital account of Balance of Payment. (2 marks) a) Distinguish foreign direct investment from portfolio investment. ( 4 marks) b) Explain net capital inflow in the financial account of one country's Balance of Payment. (2 marks) c) Name TWO (2) type of reserves a country may hold. (2 marks)
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The Ball Poem- John Berryman_20240518_001617_0000.pptx
QUESTION 3 (10 MARKS) The Balance of Payments (BOP) can be formally de.docx
1. QUESTION 3 (10 MARKS) The Balance of Payments (BOP) can be formally defined as the
statistical record of a country's international transactions over a certain period of time presented
in the form of double entry bookkeeping. a) Name transactions recorded in the capital account of
Balance of Payment. (2 marks) a) Distinguish foreign direct investment from portfolio
investment. ( 4 marks) b) Explain net capital inflow in the financial account of one country's
Balance of Payment. (2 marks) c) Name TWO (2) type of reserves a country may hold. (2 marks)
