O-LevelCommerceGlobal trade7100/12 · May/June 2012 · Q171 Mark

The table shows trade figures for Country X. [Table: total exports of goods $2300 million, total imports of goods $1700 million, services provided by Country X to other countries $300 million, services provided to Country X by other countries $800 million] What is the balance on invisible trade?

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A-$900 m

B-$500 m

C+$600 m

D+$1400 m

✓ Correct answer

B: -$500 m

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2012 Paper 1 Variant 2, question 17.

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