5
Concepts
1
Formulas
1
Decisions
2
Quiz Questions
5 concepts covered in this module.
Current account (trade, income, transfers) + Capital account + Financial account = 0. CA deficit = net capital inflow.
Goods trade balance + services + primary income (investment) + secondary income (transfers). Deficit = spending > income.
Free covers one Quants module. Premium opens all 10 subjects and 59 modules of CFA Level 1.
1 essential formulas for this module.
Where: When one account is in deficit, another must be in surplus
1 decision frameworks to guide your analysis.
Visual overview of how concepts connect in this module.
This module is part of Premium
Free covers one Quants module. Premium opens all 10 subjects and 59 modules of CFA Level 1.
Everything on this page becomes interactive on the study dashboard, free.
No signup required. Create an account anytime to save progress.
Try it right here
Balance of Payments
Tap to reveal the answer