Question

Which one of the following statements is correct?

A. Foreign loans are made directly by the government and are not part of the BoP.
B. Exports represent a leakage from the expenditure flow.
C. If the exchange rate changes from $0.11 = R1, to $0.12 = R1, the rand depreciated.
D. When South Africans buy or sell shares on the New York stock exchange it is accounted for in the BoP.

Answer 1

C, D