O-LevelCommerceGlobal trade7100/12 · May/June 2019 · Q151 Mark

What does an unfavourable Balance of Trade mean?

Acountry has imported more goods than it has exported.

Bcountry has imported more services than it has exported.

Ccountry has exported without importing.

Dcountry's total imports exceed its total exports.

✓ Correct answer

A: country has imported more goods than it has exported.

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2019 Paper 1 Variant 2, question 15.

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