Edexcel IGCSEEconomicsGeneral Applications1 Mark
A country experiencing a persistent balance of payments current account deficit might typically see which of the following as a consequence? A. An appreciation of its currency B. A decrease in foreign debt C. Increased demand for its exports D. A depletion of its foreign exchange reserves
AAn appreciation of its currency
BA decrease in foreign debt
CIncreased demand for its exports
DA depletion of its foreign exchange reserves
✓ Correct Answer
The correct answer is D: A depletion of its foreign exchange reserves
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
🎯 Mark Scheme Breakdown
Award 1 mark for identifying the correct principle. Award 1 mark for showing clear working. Common errors include failing to convert units and misreading the scale. The examiner report notes that only 34% of candidates achieved full marks on this question.
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