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1.

Refer to the following trade figures of an economy in a certain year:

$ Billion
Total exports of goods140
Re-exports50
Exports of services33
Imports of goods72
Imports of services20

The visible trade balance is $________ billion.

2.

Which of the following should be included in the calculation of the invisible imports of Hong Kong?

3.

Mary is a fashion merchandiser for a department store in Thailand. She came to Hong Kong and purchased $300 000 worth of garments from a Hong Kong garment manufacturer. These garments were shipped directly from the garment manufacturer to the department store. During her stay in Hong Kong, she also bought a personal computer worth $10 000 from an electrical appliance shop for her own personal use. The $300 000 worth of garments would be regarded as a/an ____________ export of Hong Kong and the $10 000 computer would be regarded as a/an ____________ export of Hong Kong.

4.

Which of the following should be included in the calculation of the invisible imports of Hong Kong?

5.

Refer to the data of an economy in a certain year below:

$ Billion
Domestic exports of goods50
Re-exports35
Imports of goods60
Exports of services25
Imports of services10

There is a/an ____________ of $_____ billion.

6.

Last year, a film crew came to Hong Kong to make a Batman movie. The shooting of the film in Hong Kong would

(1)improve the visible trade balance of Hong Kong.
(2)improve the invisible trade balance of Hong Kong.
(3)increase the GDP of Hong Kong.
7.

A US engineer is working in Hong Kong. Which of the following amounts should be included in the calculation of the balance of Hong Kong's current account?

8.

Refer to the data of an economy in a certain year:

$ Billion
Domestic exports of goods20
Re-exports25
Imports of goods40
Exports of services23
Imports of services19

The visible trade balance is $_____ billion.

9.

An increase in the value of exports and a decrease in the value of imports in Country X would

10.

Many tourists from Mainland China buy souvenirs at Hong Kong Disneyland. Suppose these souvenirs are made in Mainland China. Then the tourist spending mentioned above is a/an __________ to Hong Kong.

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