I sense possible confusion on my part as to the wording of your question.
Did you really mean "decided" ? as by the transformer designer ?
or
Measured ? as by a student in an EE lab class ?
That's two different questions.
The student in a lab class should think for a minute about the current transformer .
It's just two windings on a core, and that's no different from a voltage transformer
so the current transformer will transform voltage just as happily as it transforms current.
That said,
The fundamental difference between a Voltage transformer and a Current transformer is how we use it.
With a current transformer we control primary current not voltage,
whereas with a voltage transformer we control primary voltage and let primary current fall where it pleases. Unloaded, that's its magnetizing current.
So to me, a transformer is a transformer
A current transformer is just a transformer with an excellent core that requires very little magnetizing current.
So, a student can apply small voltage, measure current that results, and plot current versus volts on graph paper.
That's called an "Excitation Curve" for the transformer irrespective of how it will be used.
The knee will be readily apparent on the excitation curve. .
The student should be very careful in applying voltage to not go very much beyond the knee
because if he "saturates" the core he can ruin the insulation and wreck the transformer.
A designer would
decide what accuracy he needs and follow the process in that most excellent link provided by
@Baluncore .
old jim