Workplace Health Management Information System Has Its Roots in a Labour

question 45

True/False

Workplace Health Management Information System has its roots in a labour ministry report making safety training of all employees mandatory.It is an online system providing employees information on health and safety issues.

Analyze the effects of current account deficits or surpluses on the capital and financial accounts.

Identify and interpret the key entries in balance of payments tables.

Understand the role and impact of imports and exports on national accounts.

Differentiate between financial account surpluses and deficits.

---

Definitions:

Capital and Financial Account

A component of a country's balance of payments that records investment flows and purchasing of domestic firms by foreign investors, and vice versa.

International Transfers

Financial transactions where funds are sent across national borders, either by governments, businesses, or individuals.

Balance of Payments

A record of all economic transactions between the residents of a country and the rest of the world in a particular period.

Goods and Services

Refers to the physical products and intangible services that are produced and consumed by individuals or businesses.