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

Limited Time Offer

25%

Off

Get Premium CCRA-L2 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Karan

3 days ago

I don't know, man. This question is giving me a headache. Maybe I should just pick the answer that makes the most sense and hope for the best. Or maybe I'll just go with the one that sounds the funniest, like 'Hardland by 583 bps'.

upvoted 0 times

...

Viki

5 days ago

Wait, hold up. How can Hardland be better by 56 bps? That seems like a typo or something, right?

upvoted 0 times

...

Arlie

8 days ago

Woah, Hardland really got the short end of the stick, huh? 583 bps in the wrong direction, ouch!

upvoted 0 times

...

Nan

11 days ago

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

upvoted 0 times

...

Linwood

14 days ago

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

upvoted 0 times

...

Mari

18 days ago

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

upvoted 0 times

...

Anissa

22 days ago

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

upvoted 0 times

...