O-LevelCommerceGlobal trade7100/11 · Oct/Nov 2015 · Q161 Mark

When trade between countries increases, which statement is not correct?

ACountries tend to be interdependent.

BGovernments achieve Balance of Payments surpluses.

CLiving standards for people may rise.

DSurplus goods are traded between countries.

✓ Correct answer

B: Governments achieve Balance of Payments surpluses.

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, Oct/Nov 2015 Paper 1 Variant 1, question 16.

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