CFA Practice Question

There are 341 practice questions for this study session.

CFA Practice Question

In a given year, Gondolpha had total imports of 976 and total exports of 734. It also made direct foreign investments of 297. There were no other transactions on the BOP account. What's the current account deficit?
A. 242
B. 55
C. 539
Explanation: 976 - 734 = 242

It's a deficit.

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