O-LevelCommerceGlobal trade7100/11 · May/June 2011 · Q171 Mark

The graph shows country Y's imports and exports. Goods: imports $20m, exports $45m. Services: imports $55m, exports $40m. What is country Y's Balance of Payments on its current account?

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A-$10 m

B+$10 m

C+$20 m

D+$110m

✓ Correct answer

B: +$10 m

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Topic: Global trade, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source: O-Level Commerce, May/June 2011 Paper 1 Variant 1, question 17.

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