Economics 9708 · AS & A Level · 6.3

6.3 — practice question

A UK resident purchases shares in a Spanish company. What are the immediate and later effects on the UK balance of payments?

  • Aimmediate effect on financial account: credit; subsequent effect on current account: credit
  • Bimmediate effect on financial account: credit; subsequent effect on current account: debit
  • Cimmediate effect on financial account: debit; subsequent effect on current account: credit
  • Dimmediate effect on financial account: debit; subsequent effect on current account: debit

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