- CFA Exams
- CFA Level I Exam
- Study Session 5. Economics (2)
- Reading 17. International Trade and Capital Flows
- Subject 4. The Balance of Payments
CFA Practice Question
Which of the following transactions belong to the current account?
II. Purchase of a foreign company
III. Income from foreign investments
I. Unrequited transfers
II. Purchase of a foreign company
III. Income from foreign investments
A. I, II and III
B. I and III
C. II and III
Explanation: The current account consists of trade and services balance, net income from all foreign investments, and unrequited transfers.
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