- 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
Net exports is equal to ______.
B. T - I - G + S
C. G + S - T - I
A. T + G - S - I
B. T - I - G + S
C. G + S - T - I
Correct Answer: B
Net exports are determined by the government budget (T - G) and by private saving and investment (S - I).
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