Each of the transactions indicated in Q.3.1.1 to Q.3.1.5 must be entered into South Africa’s Balance of Payments. Identify which main account and which sub- account on the balance of payments is applicable for each transaction. Q.3.1.1 Mr Mabane, a South African citizen, purchases the shares of a public (2) company listed on the London Stock Exchange. Q.3.1.2 The earnings of a South African doctor working in a hospital in Uganda. (2) Q.3.1.3 Dutch tourists visit Cape Town and stay in the Vineyard Hotel in Newlands. Q.3.1.4 South African citizens raise funds and send a donation to Somalian refugees in Kenya. Q.3.1.5 A Chinese company purchases and operates a factory in Gauteng. (2) (2) (2
Each of the transactions indicated in Q.3.1.1 to Q.3.1.5 must be entered into South Africa’s Balance of Payments. Identify which main account and which sub- account on the balance of payments is applicable for each transaction. Q.3.1.1 Mr Mabane, a South African citizen, purchases the shares of a public (2) company listed on the London Stock Exchange. Q.3.1.2 The earnings of a South African doctor working in a hospital in Uganda. (2) Q.3.1.3 Dutch tourists visit Cape Town and stay in the Vineyard Hotel in Newlands. Q.3.1.4 South African citizens raise funds and send a donation to Somalian refugees in Kenya. Q.3.1.5 A Chinese company purchases and operates a factory in Gauteng. (2) (2) (2
Chapter1: Making Economics Decisions
Section: Chapter Questions
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Each of the transactions indicated in Q.3.1.1 to Q.3.1.5 must be entered into South Africa’s Balance of Payments. Identify which main account and which sub- account on the balance of payments is applicable for each transaction.
Q.3.1.1 Mr Mabane, a South African citizen, purchases the shares of a public (2) company listed on the London Stock Exchange.
Q.3.1.2 The earnings of a South African doctor working in a hospital in Uganda. (2)
Q.3.1.3 Dutch tourists visit Cape Town and stay in the Vineyard Hotel in Newlands.
Q.3.1.4 South African citizens raise funds and send a donation to Somalian refugees in Kenya.
Q.3.1.5 A Chinese company purchases and operates a factory in Gauteng.
(2) (2) (2
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