- 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
The part of the balance of payments account that lists net sales of non-produced assets is called the ______.
B. capital account
C. financial account
A. current account
B. capital account
C. financial account
Correct Answer: B
The capital account balance mainly consists of capital transfers and net sales of non-produced, non-financial assets.
User Contributed Comments 2
| User | Comment |
|---|---|
| Boydbri1 | What is an example of a non-produced non financial asset? I can remember the definition, but I have no idea what they mean. |
| chcarnes | Rights to natural resources and intangible assets such as copyrights, patents, trademarks, etc. |