AP Macro Unit 6 Vocab
Authored by Rebecca Campbell
Social Studies
12th Grade
Used 46+ times
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15 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Trade Surplus
The difference between the purchase of foreign assets and domestic assets purchased by foreigners
Exporting more than is imported
Measures the purchase and sale of financial assets abroad (things that continue to earn money).
Exporting less than is imported (a.k.a Trade gap)
Measures trades of goods and services, investment income, and net transfers
2.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Trade Deficit
The difference between the purchase of foreign assets and domestic assets purchased by foreigners
Exporting more than is imported
Measures the purchase and sale of financial assets abroad (things that continue to earn money).
Exporting less than is imported (a.k.a Trade gap)
Measures trades of goods and services, investment income, and net transfers
3.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Net Capital Outflow
The difference between the purchase of foreign assets and domestic assets purchased by foreigners
Exporting more than is imported
Measures the purchase and sale of financial assets abroad (things that continue to earn money).
Exporting less than is imported (a.k.a Trade gap)
Measures trades of goods and services, investment income, and net transfers
4.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Current Account
The difference between the purchase of foreign assets and domestic assets purchased by foreigners
Exporting more than is imported
Measures the purchase and sale of financial assets abroad (things that continue to earn money).
Exporting less than is imported (a.k.a Trade gap)
Measures trades of goods and services, investment income, and net transfers
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Capital Financial Account
The difference between the purchase of foreign assets and domestic assets purchased by foreigners
Exporting more than is imported
Measures the purchase and sale of financial assets abroad (things that continue to earn money).
Exporting less than is imported (a.k.a Trade gap)
Measures trades of goods and services, investment income, and net transfers
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Net Exports
Considers ALL international transactions
Exports – Imports
Inflow > Outflow
Includes only goods and service
Inflow < Outflow
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
Balance of Payments
Considers ALL international transactions
Exports – Imports
Inflow > Outflow
Includes only goods and service
Inflow < Outflow
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