O-LevelCommerceGlobal trade7100/12 · Oct/Nov 2015 · Q181 Mark

The table compares a country's total exports and total imports for August 2014 and for August 2015. [Figure Trade Data Table] Which statement is correct?

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AExports increased.

BImports increased.

CThe Balance of Payments declined.

DThe Balance of Payments remained the same.

✓ Correct answer

A: Exports increased.

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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 2, question 18.

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