O-LevelEconomicsInternational trade and globalisation2281/11 · May/June 2010 · Q401 Mark
Vietnamese companies buy insurance from companies in the United States (US). How will this transaction be recorded in the Vietnamese balance of payments? [Figure 40]
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
Atrade in goods credit
Btrade in services credit
Ctrade in services debit
Dcurrent transfers debit
✓ Correct answer
C: trade in services debit
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