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http://theeconomistsoe.com/
, ECS3703 Assignment 01 Year 2021
THIS ASSIGNMENT IS COMPULSORY. YOU MUST SUBMIT IT BEFORE THE DUE DATE
TO OBTAIN ADMISSION TO THE EXAMINATION. NO EXTENSIONS FOR THE
SUBMISSION OF ASSIGNMENTS WILL BE CONSIDERED.
**The first ten questions of this assignment are about you and not about the study material**
1.11 Which of the following statements is/are correct?
(a) A current account deficit on the south African balance of payments is often associated with
a surplus balance on the financial account.
(b) A current account surplus on the south African balance of payments is often associated
with a deficit balance on the financial account.
(c) Interest rates tend to be lower when the current account is in a deficit and higher when
there is a surplus.
[1] Only a
[2] a and b
[3] Only c
[4] a and c
[5] b and c
South Africa Current Account recorded a surplus of 4.4 USD bn in Sep 2020, compared with a
deficit of 1.7 USD bn in the previous quarter. South Africa's BoP: Financial Account data is
updated quarterly, averaging 3,724.000 ZAR mn from Mar 1985 to Sep 2020, with 143
observations. The data reached an all-time high of 82,390.000 ZAR mn in Sep 2014 and a
record low of -38,592.000 ZAR mn in Sep 2020.
1.12 Which of the following statements is/are correct?
(a) The value of net gold exports was higher in 2009 than in 2002.
(b) There is a declining trend in the relative contribution of gold exports to the balance of
trade.
(c) In 1998 gold exports comprised nearly half of all merchandise exports.
Email:
http://theeconomistsoe.com/
, ECS3703 Assignment 01 Year 2021
THIS ASSIGNMENT IS COMPULSORY. YOU MUST SUBMIT IT BEFORE THE DUE DATE
TO OBTAIN ADMISSION TO THE EXAMINATION. NO EXTENSIONS FOR THE
SUBMISSION OF ASSIGNMENTS WILL BE CONSIDERED.
**The first ten questions of this assignment are about you and not about the study material**
1.11 Which of the following statements is/are correct?
(a) A current account deficit on the south African balance of payments is often associated with
a surplus balance on the financial account.
(b) A current account surplus on the south African balance of payments is often associated
with a deficit balance on the financial account.
(c) Interest rates tend to be lower when the current account is in a deficit and higher when
there is a surplus.
[1] Only a
[2] a and b
[3] Only c
[4] a and c
[5] b and c
South Africa Current Account recorded a surplus of 4.4 USD bn in Sep 2020, compared with a
deficit of 1.7 USD bn in the previous quarter. South Africa's BoP: Financial Account data is
updated quarterly, averaging 3,724.000 ZAR mn from Mar 1985 to Sep 2020, with 143
observations. The data reached an all-time high of 82,390.000 ZAR mn in Sep 2014 and a
record low of -38,592.000 ZAR mn in Sep 2020.
1.12 Which of the following statements is/are correct?
(a) The value of net gold exports was higher in 2009 than in 2002.
(b) There is a declining trend in the relative contribution of gold exports to the balance of
trade.
(c) In 1998 gold exports comprised nearly half of all merchandise exports.
