O-LevelCommerceGlobal trade7100/12 · May/June 2021 · Q141 Mark

The table [Figure 14.1] shows international trade figures for a country. What is the country's Balance of Trade?

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A$50 000 deficit

B$50 000 surplus

C$90 000 deficit

D$90 000 surplus

✓ Correct answer

A: $50 000 deficit

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2021 Paper 1 Variant 2, question 14.

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