- CFA Exams
- CFA Level I Exam
- Topic 2. Economics
- Learning Module 14. International Trade and Capital Flows
- Subject 4. The Balance of Payments
CFA Practice Question
An economy's private savings can be used for ______.
II. net exports
III. redemptions of government debt
I. domestic investment
II. net exports
III. redemptions of government debt
Correct Answer: I, II and III
S = I + CA - Sg
User Contributed Comments 3
User | Comment |
---|---|
ankurwa10 | Can some please explain this? |
Boydbri1 | Exports-Imports=T-G+S-I S=Exports-Imports+I-T+G All of the positives are what Savings can be used for |
maryprz14 | CA current account! Not California lol |