The Table Shows a Balance of Payments Statement for Transylvania

question 119

True/False

$$\begin{array} { | l | c | } \hline \text { (1) Goods Exports } & + \$ 15 \\\hline \text { (2) Goods Imports } & - 17 \\\hline \text { (3) Service Exports } & + 5 \\\hline \text { (4) Service Imports } & - 2 \\\hline \text { (5) Net Investment Income } & - 5 \\\hline \text { (6) Net Transfers } & + 4 \\\hline \text { (7) Foreign Purchases of Assets } & + 5 \\\hline \text { (8) Purchases of Foreign Assets } & - 11 \\\hline \text { (9) Balance on Capital Account } & + 1 \\\hline\end{array}$$ The table shows a balance of payments statement for Transylvania. All ?gures are in billions of
dollars. Transylvania had a $2 billion balance of trade (goods) surplus in this particular year.

Understand the basic concepts and types of bonds, including callable bonds and debentures.

Comprehend the debt-to-equity ratio and its significance in assessing a company's financial structure.

Recognize the rights and obligations associated with bonds, including bond indentures and collateral agreements.

Differentiate between various types of notes and bonds, such as promissory notes, installment notes, and mortgages.

---

Definitions:

APR

Annual Percentage Rate, a measure of the cost of credit, expressed as a yearly interest rate including fees and charges.

Dodd-Frank Wall Street Reform

A comprehensive package of financial regulations passed in 2010 aimed at preventing the recurrence of the financial crisis, enhancing consumer protection, and ensuring financial stability.

Consumer Protection Act

Legislation designed to protect the rights and interests of consumers by ensuring fair trade, accurate information, and the right to complain and get a redress.

Consumer Financial Protection Bureau

A U.S. government agency tasked with ensuring that consumers are treated fairly by banks, lenders, and other financial institutions.