- 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
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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