AIWMI Exam CCRA-L2 Topic 6 Question 97 Discussion

Actual exam question for AIWMI's CCRA-L2 exam

Question #: 97
Topic #: 6

Two economies HardLand and SincereLand have provided following information with respect to their economies in USD Billion:

Based on the above information which entity is better in terms of current account deficit %?

ASincereland by 583 bps

BHardland by 56 bps

CSincereland by 56 bps

DHardland by 583 bps

Show Suggested Answer

Suggested Answer: C

by Kirk at Sep 17, 2024, 01:02 AM

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2 days ago

Hmm, looks like Sincereland is the clear winner here. 583 basis points is a huge difference!

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5 days ago

But Hardland has a smaller deficit in absolute terms, so it might be better for them.

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9 days ago

I agree with Anissa, Sincereland has a lower current account deficit %.

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13 days ago

I think Sincereland is better in terms of current account deficit %.

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