Which of the following would be recorded as a SA merchandise export?
A) A SA tourist spends 10,000 euros on vacation in the south of France.
B) A machine shop in Durban purchases a grinder made in Italy.
C) A SA resident receives a R500 dividend on shares she owns in a business in Germany.
D) A French car hire firm purchases a fleet of new Honda cars built at Honda's factory in SA.
Correct Answer:
Verified
Q3: A country's trade balance is positive when
A)
Q4: Arbitrage is the process of taking advantage
Q5: Each of the following is a reason
Q11: A country that exports more than it
Q12: If the rand/euro exchange rate rises, the
Q17: Which of the following statements is true
Q18: For any country, net exports are always
Q18: If SA has a positive capital inflow,
Q20: If purchasing power parity holds, the real
Q21: If the exchange rate changes from 3
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