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Economics (AS & A Level) · May / June 2021 · Paper 11 · Question 19

9708Policies to correct disequilibrium in the balance of payments

What would be recorded in the financial account of India's balance of payments?

  1. AAn Indian steel manufacturer buys insurance for its factories from a firm in Europe.
  2. BAn Indian steel manufacturer employs foreign workers in its Indian factories.
  3. CAn Indian steel manufacturer receives profits from its factories in Europe.
  4. DAn Indian steel manufacturer supplies investment for a new factory in Europe.

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Correct answer: D. An Indian steel manufacturer supplies investment for a new factory in Europe.

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