1. Which institution provides the primary source of BOP data in Australia?

2. Business leaders use the BOP to anticipate domestic economic policy. List three specific signals that a country's BOP can provide

3. What are the main components of the current account. Give a debit and a credit example for each component for Australia

4. What is the difference between a real asset and a financial asset. Give two examples of each

5. Identify the correct BOP account for:

a) A German pension fund buying Australian government debt

b) Qantas buys jet fuel at JFK

c) Nepalese students pay tuition fees to WSU

d) The Australian army buys food in Saudi Arabia to feed its forces in the Gulf

e) Atlassian pays its Australian expats working in New York

f) An Australian tourist buys a burger in London

6. What is the relationship the BOP and both a fixed and floating currency regime?

7. What is the J-Curve adjustment path

8. Why might a country wish to implement capital controls? Give two examples

9. What is Australia's current balance on goods?

10. What is Australia's current balance on services?

11. What is Australia's current account balance?

12. Using information from the IMF, United Nations, World Bank and Bank of International Settlements, briefly summarise the economic outlook for the global economy

13. Use the IMF's website to find BOP data for your country of ethnic origin